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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.37-0.3%9:47 AM EST

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To: Perry who wrote (3783)6/29/1998 8:05:00 PM
From: BigKNY3  Read Replies (1) of 9523
 
Since Viagra is pioneering breakthrough therapy for ED, you can anticipate shots and arrows to be aimed at it. Remember, Prozac was under attack for at least two years by the media and Church of Scientology (causes suicides and violence) until the story became tiresome. Prozac went on to become the #2 product in the US.

You can anticipate that the Viagra stories will continue throughout 1998 and possibly 1999. Particularly ,since the WSJ writers think they will win a Pulitzer for their Viagra coverage (3 writers, Freedom of Information requests). They must be disappointed everytime the FDA restates their position that Viagra is safe and effective as described in the approved package insert.

Overall, I believe that any major PFE weakness due to Viagra stories are buy opportunities particularly prior to the second quarter earnings report on July 15th.

Have PFun!

BigKNY3
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