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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.50+1.7%12:09 PM EST

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To: BigKNY3 who wrote (4410)7/18/1998 11:39:00 AM
From: BigKNY3  Read Replies (1) of 9523
 
Big Pharma Report: 7/18/98

Have PFun!

BigKNY3
_______________________________________________

-Big Pharma stayed ahead of the record breaking general market with a 4.0% increase this week as compared to the Dow gain of 2.5% and NASDAQ jump of 3.4%.

-As the great search for Pharma values continues, week ending 7/10/98's #13 (AHP) and #12 (JNJ) were last week's leaders; AHP up 9.7% followed by JNJ (+7.9%).

-After pacing Big Pharma with a 9.6% during the week ending July 10th, PFE (-1.8%) was flat in a roller coaster action. Accordingly, PFE went from #1 to #13 in the weekly rankings.

-In July, PFE is up 6.5%.... ranking 7th in Big Pharma.

- On Friday, Big Pharma closed at its all-time high increasing YTD 35.7%.

-In the YTD race, the "Big 3" held their positions with #1 WLA (+92.2%) followed by SGP (+66.5%) and PFE (+55.2). These "Big 3" have increased 67.8% as compared to the "Healthy Other 10" (+26.1%). That's right, WLA is at the 90 level.

PFE News You Can Use

The New York Post examines the Viagra lawsuit nypostonline.com

Transcript from last Thursday's Larry King Live show "Alternative Versus Traditional Medicine: What's Best for you". cnn.com
Particularly note that Dr. Ruth Westheimer thinks there is need for education with Viagra (she mentions it 7 times). Dr. Deepak Chopra also misquotes the New England Journal of Medicine sildenafil study; "What the public is not aware that 50% responded to placebo. So why don't we hear about that?" The correct placebo response in this study was 22%. Dr. Tim Johnson of ABC-TV did attempt to correct Dr. Chopra. nejm.org

-PFE announced on Friday that they will invest $280 million to expand the Viagra manufacturing plant in Ireland.

-Prompted by Viagra, California's health plan regulators will hold hearings in August to help set policies on what drugs should be covered by HMO's.

-Viagra stimulates many discussions from the Sacramento Bee (6/29/98)
sacbee.com

Mutual Fund PFriend

Highlights of an interview with a fund manager who has major PFE holdings (Source: Investor's Business Daily)

Fund: American Express IDS Fund
Manager: Keith Tufte:
Date: 7/17/98
PFE Holdings (3/98): 8,276,000
Current Value (7/17/98): $957,947,000
PFE position in fund: #2
PFE Comments: "The fund family has been buying PFE again..We feel good about PFE. Their Viagra sales were stronger in the second quarter than expected. They are going to roll out the drug in the second half into Europe and next year into Japan....PFE is selling WLA's Lipitor. Co- marketing plans also are in the works with MTC for its anti-inflammatory drug Celebra. It has become the "co-marketer of choice".
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