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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.63-1.0%2:07 PM EST

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To: Anthony Wong who wrote (4367)7/15/1998 7:06:00 PM
From: Solid  Read Replies (1) of 9523
 
So every couple or three years, these consumer folks come out of the malls and markets of America and waltz into the media spotlight drawing the attention of microphones and cameramen...and to what end? The World Health folks believe, and rightfully so, that poorer nations should have access to medications as do we, but we basically subsidize the cost because we have the means, private insurance and thankfully no social medicine. Almost like scaled income brackets. The more you make the more you pay. Also, generics basically lift the recipe when the patent rights expire, profit with no real R&D overhead. Etc., etc., etc. Take away profit motivation and you have the old system of communism and my that worked well didn't it. For a couple of days, a week maybe(an eternity now a days) until the media fatigues the masses, they knock a few points from the fear psychie of the pharmacy sector and then enter there dormancy phase, preparing fodder for their next media blitz two or three years hence... Am I missing something?

Sure wish the turkeys had waited until after options expiration!

Thanks Anthony
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