Here are several reasons why PFErs are having PFun:
BigKNY3
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Yearly Growth (1987-1998)
-PFE has increased for 5 consecutive years
-PFE has increased more than tenfold in the 1990s
Year Ending..... PFE......% Chg .
Date................ Price.....Prior Year....Comments
12/31/87...........5.82......-25.0%....... Bear market/market crash
12/30/88...........7.25.......24.7%
12/29/89........... 8.69......19.9%
12/31/90..........10.10.......16.2%
12/31/91..........21.00.......108.0%.....2-1 split (2/91)
12/31/92..........18.13......-13.7%......Clinton elected president
12/31/93......... 17.25.......-4.8%.......Healthcare reform pending
12/30/94......... 19.32.......12.0%
12/29/95..........31.50.......63.1% ......2-1 split (6/95)
12/30/96..........41.50.......31.7%
12/31/97..........74.56.......79.7% ......2-1 split (6/30/97)
..6/12/98......... 109.31.....46.6% .......Viagra approved (3/27/98)
Quarterly Growth (1993-1998)
-PFE has shown growth over the prior quarter since March, 1994 (16 consecutive quarters).
....Quarter........ PFE..... % Chg .
........Date.........Price.....Prior Qt........Comments
1st Qt, 1993......15.75....-13.1%
2nd Qt, 1993......16.75....6.3%
3rd Qt, 1993......14.88....-11.2%
4th Qt, 1993......17.25.....16.0%
1st Qt, 1994......13.50....-21.7%....Healthcare reform pending
2nd Qt, 1994.....15.80.....17.0%
3rd Qt, 1994......17.29.....9.4%
4th Qt, 1994......19.33.....11.8%
1st Qt, 1995......21.44.....10.9%
2nd Qt, 1995......23.06....7.5%....2-1 split (6/95)
3rd Qt, 1995.......26.67.....15.6%
4th Qt, 1995.......31.50.....18.1%
1st Qt, 1996.......33.63..... 6.7%
2nd Qt, 1996......35.67........6.1%
3rd Qt, 1996.......39.56......10.9%
4th Qt, 1996.......41.50........4.9%
1st Qt, 1997.......42.06........1.4%
2nd Qt, 1997......59.88.......42.3%.... 2-1 split (6/30/97)
3rd Qt, 1997.......60.25.........0.6%
4th Qt, 1997.......74.56........23.8%....Trovan approved (12/97)
1st Qt, 1998.......99.88.........33.9%....Viagra approved (3/27/98)
2nd Qt, 1998*......109.31..... ..9.4%.......Viagra launched
* Pending
Monthly and Quarterly Averages (1993-1998)
................Avg % Chg
.................93-98
January ...... 3.4%
February.....-2.8%
March........ 1.8%
April.......... 8.0%
May.......... 3.1%
June......... 2.8%
July.......... -1.1%
August ..... 1.5%
September..4.9%
October..... 8.2%
November....4.7%
December....1.5%
......................Avg % Chg
....................... 93-98
First Quarter........3.0%
Second Quarter..15.9%
Third Quarter........5.1%
Fourth Quarter....13.9% |
