PFE (Pfizer) How high will it go? Message Board

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Biotech / Medical : PFE (Pfizer) How high will it go?

PFE 25.19

+0.6%

Dec 19 9:30 AM EST

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To: Jerry Olson who wrote (2852)	5/24/1998 6:56:00 PM
From: The Prophet	Read Replies (3) of 9523

It's funny how double-talk can pass for analysis. PFE is dramatically undervalued based on the present value of future growth. The FDA scare has fizzled. Viagra will sell $2 billion this year, and $5 billion next. That alone is worth $2 a share. Add in remaining earnings and new drugs and you have PFE at $5 to $6 a share earnings 1999. A decent growth multiple (like 30) for a premiere worldwide company, and you can see why, in all likelihood, PFE will trade up towards 150 in no time. Management may even change their minds and split in July. Don't miss the boat - there are few that sail this quickly.

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