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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

PFE 25.08

-2.7%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John F. Dowd who wrote (5838)	10/7/1998 11:36:00 AM
From: Tokyo VD	Read Replies (1) of 9523

John, Well, it depends on how you look things, eh? The current run rate for domestic sales is ~$450 million. Wall Street is still calling for 1999 domestic sales of over $1 billion. The numbers need to come down because everyone and their brother who thought or denied they had a problem has tried the product. A drop in domestic sales estimates will not be met by an increase in world sales (dropping currencies make the product more expensive overseas where the black market has already been "channel filled"). As I said, if Cox-2 approval is nixed by the FDA, watch out below for PFE. Until then it trades in a range. Good luck. Tokyo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next