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

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

PFE 24.88

-1.3%

Dec 23 3:59 PM EST

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To: BigKNY3 who wrote (6571)	12/29/1998 4:23:00 PM
From: David M. Sawyer	Read Replies (2) of 9523

Briefing.com 15:10 ET****** PFIZER (PFE) 124 13/16 +5 3/8 Stock, which has spent better part of last 8-months confined to a 10 point trading range, breaking out in today's session amid active trading... Consolidation phase resulted in healthy convergence of long-term moving averages... Over past few years such convergences have provided excellent (re)entry opportunities... Stock not cheap at 50.3x estimated earnings... But PFE is expected to grow earnings next year and over the following 4 years at a rate far superior to the market and its industry... Company has a strong product profile and, more importantly, a strong product pipeline... PFE's most famous drug, Viagra, recently received initial approval in Japan... Based on strong fundamentals and improving technicals, Briefing.com added stock to its list of Core Candidates... For more see today's Stock Brief... Minimum upside target on PFE is 145-150.

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