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

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

PFE 25.70

-0.1%

Nov 26 3:59 PM EST

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To: YORE who wrote (4929)	8/14/1998 8:43:00 AM
From: BigKNY3	Read Replies (2) of 9523

YORE; <<One thing that escapes me on this thread(I think it is a great thread with lots of good unbiased information and in most cases sound analysis.)is that no one is adressing the impact of PFE selling the medical equipment business and what they intend to do with the billions of dollars they expect to receive.>> YORE: At this point, I don't think anyone knows.... including PFE management. It was more a PFE strategy to remove low margin medical products from their portfolio and concentrate on pharmaceuticals. Along with MRK, PFE is now the purest pharmaceutical play in the industry. The funds from these sales will probably be used to fund expanded R&D, the expansion of the field force, more licensing agreements, and any other product or company opportunities that may appear. Have PFun! BigKNY3

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