PFEr Tonight: 12/22/98
PFE (+56.8% YTD) has the mo ..... reflecting the nearing approval of Viagra in Japan, anticipation of the FDA Celebrex approval and end of the year portfolio window dressing.
Today's close of 117 3/16 is the fourth highest in PFE history. The all-time high close of 118 11/16 (July 13, 1998) is now within striking distance. With only 6 trading days left in 1998, I also expect that the all-time high of 121 3/4 (April 21,1998) will be broken.....before expected profit-taking strikes again.
If PFE can hold 120 through early January, the probability of a 3-1 split announcement by the end of January will increase to 96%.
PFE - PFIZER INC
Last Price: 117 3/16 at 17:01
Change: Up 2 1/8 (+1.85%)
High: 117 13/16 at 15:29
Low: 114 7/8 at 11:11
Open: 115 1/8
Previous Close: 115 1/16 on 12/21
Volume: 2,158,200 (Note low volume does not indicate a Peak)
30-Day Avg. Volume: 2,724,000
Shares Outstanding: 1,297,794,000
52-Week High: 121 3/4 (4/21/98)
52-Week Low: 69.56 (12/19/98)
Beta: 1.01
Yield: 0.70%
P/E Ratio: 47.1
EPS: 2.49
-The latest issue of Newsweek "Perspectives '98" has a full page on the big V. newsweek.com
- With the AMGN rush, we have new leaders in the Big Pharma Scoreboard and the PFEr Portfolio Challenge. More to follow at the end of the week.
To all PFErs and Pharmers: I wish you and your families a joyful holiday season and a very happy, healthy, and pfun 1999...or at least a repeat of 1998!
BigKNY3
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