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

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

PFE 25.04

+2.6%

Nov 21 9:30 AM EST

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To: Bradpalm1 who wrote (3621)	6/20/1998 10:53:00 PM
From: Ibexx	Read Replies (1) of 9523

Brad, The non-approvable letter on Zeldox is not enough of an excuse for a major sell-off, the street is more sophisticated than that. First of all, "non-approvable" simply means "non-approvable based upon the data contained in the NDA; it is by no means "the final verdict". Secondly, the Street (the major brokerages anyway) had thus far only factored in a modest revenue stream from Zeldox sales for the upcoming years. A slight change in timeframe will in no way impact materially on PFE's N/T and I/T earnings, period. (Just to cite an example, H&Q's analysis factored in 500 million of worldwide revnues for Zeldox five years down the road.) I would be extremely surprised if there is a significant sell-off on Monday. If it does happen, I would be as happy as a lark to scoop up LEAPS options. Ibexx

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