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

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

PFE 24.90

-2.1%

Nov 19 3:59 PM EST

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To: Hunter Vann who wrote (4353)	7/15/1998 11:24:00 AM
From: Cosmo Daisey	Read Replies (1) of 9523

Hunter, ""Ultra has about 26 billion in Assets and a 1 year return of 39.75%. They currently have 3,099,000 shares of Pfizer for a value of $352,705,000.00, which is roughly about $113/share. "" The value is what the price of the stock was when they printed the report, not what they paid for it. Many funds hold PFE which is good because it puts a floor on the price that they will allow it to decline to before they step up and buy to protect their profits and shareholders. They won't dump in a decline, they will support the stock to keep the numbers going in the right direction. The pullback yeaterday and today is MM's covering their shorts sold on the run up. Coz

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