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

+0.3%

3:59 PM EST

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To: Bull-like who wrote (5645)	9/21/1998 3:38:00 PM
From: Anthony Wong	Read Replies (1) of 9523

Da Bull, the strategist apparently agrees with you. Recalling the pessimism over LLY's Evista's sales a couple of months ago and its making new highs recently (doing well today as well), I have high hopes on PFE's price recovery as well. The recent disappointment and lowered expectation on Viagra's sales in North America and future sales in Europe bodes well for Pfizer's future stock price. Viagra will be approved for sale in Canada in November, will probably be approved for sale in Hong Kong by the end of this year (look for exceptional high sales figure here, since the blackmarket V for China would be obtained here). Approval in China would come before the end of 1999. China will be a big market, though probably not as big as Japan, not because of the demographics, but because most of the ED population in China could not afford the drug. Anthony

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