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

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

PFE 25.23

+0.8%

Nov 24 3:59 PM EST

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To: LWolf who wrote (4902)	8/13/1998 1:09:00 AM
From: flickerful	Read Replies (1) of 9523

this pattern in quite a few companies where there are buy backs going on. L... Broader and longer perspectives know when to let the tape work to their advantage. The stock market is there to service the interest of ALL investors. all very reasoned and sound. the fact remains, however, idly sitting on the sidelines when a simple release would/could/should address issues concerning ALL the shareholders, large and small...it seems it would behoove a concerned management more to assuage fear in a frightened marketplace, than "let the tape work". as to price catching up with earnings...i don't think so. would not such wisdom seems at odds with guidance, for starters.... as far as buybacks at reduced prices, this has been reduced... more than slightly for an ample amount of time. were the price not deflated, the gesture would not be sought.. correct? i mean who would be suggesting buybacks if trading were closer to the high teens, for example... long term, i realize we remain largely unaffected...but, L you mention the market serves ALL investors. now who would be hurt here, if not a particular segment of small investors.

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