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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.08-2.7%Nov 14 9:30 AM EST

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To: Stephen who wrote (4564)7/23/1998 6:33:00 PM
From: B.REVERE  Read Replies (3) of 9523
 
Volume on this selloff was below the daily average of 4.5 mill
at 4.1 million. Most of the selling was related to programs
from mm's (money managers) caught in the glare of Greenspam's
jawboning this week. No way rates will go up with s/e asia on
precarious ground.Pfe broke support today of 14 1/8 and could
not recover under the numerous sell programs.

Let's hope that the analysts's meeting goes well enough to overcome
the market's jitters. Still long as pfe shows no growth slippage
quarter over quarter. People who sold today will want in on this
stock in the near future. Most of them will be paying more than 111.

Later,

BR
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