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

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

PFE 25.71

+1.9%

Nov 25 3:59 PM EST

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To: BigKNY3 who wrote (4914)	8/13/1998 3:27:00 PM
From: BI*RI	Read Replies (2) of 9523

Responding to every Viagra article would require a daily press conference that probably would generate even more irresponsible stories from news hungry reporters. That's been my reaction throughout this whole discussion. Why get into a pissing contest with opportunistic media? It will only bring more attention and credibility to the sensationalistic reporting that always accompanies out of the ordinary events of the type that Viagra has presented. People who need something to write, will go look for the "Viagra" stories to submit to their paper, magazine, whatever. That's if they weren't assigned the story in the first place by an editor who's worried about keeping up with the competition. There have been both positive and negative factual reports and stories. Management doesn't need to respond to the negative ones and end up in a "methinks thou doth protest too much" situation. Pfizer appears to be a very conservative company as far as PR is concerned; that's O.K. with me. The traders and impatient are disappointed, while the long term investors realize that the merits of Viagra and other PFE products will be proven in the future. Fortune or Money Magazine (I read both) recently had an article tracking the "Nifty Fifty" from the 1960's, graphing what they have done over the past thirty years. #1 on the fifty?............ Pfizer. ......20% annual gain over those years. The current issue of Fortune recommends the ten stocks to buy and hold for your retirement. Safe, sound, and will succeed in any market. Two are pharmaceuticals: Merck and AHP. My money is on Pfizer to repeat their past performance, and outperform either of these two. We'll see in a few years. I'm with You, Al, and Dave. Let management run the company and not worry about the day-to-day.

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