The Big Pharma Report: 4/17/99
Have a PFun Weekend!
BigKNY3
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Big Pharma Scoreboard 4/17/99
-Despite a record Dow high (10,494)and a weekly gain of 3.1%, all other markets headed down (S&P -2.2% and NASTie -4.3%).
-Big Pharma took a major 8.2% hit this week and now is basically even for the year (+0.4%).
- Every Big Pharma declined this week led by the #1 leader AMGN (-14.4%).
-Despite meeting 1 Qt EPS Consensus, PFE declined 13.0% after reaching its all-time high on Monday (150.13). YTD PFE is up only 1.7%.
-Six Big Pharmas are currently showing YTD declines; GLX (-12.6%), WLX (-10.4%), BMY (-8.3%), LLY (-7.4%), SGP (-5.0%), and SBH (-4.0%).
. Price % Chg % Chg % Chg
Rank . 04/16/99 Week April YTD 1999
1 Amgen 66.81 -14.4% -10.8% 27.8%
2 Amer 62.69 -8.3% -3.9% 11.2%
3 J&J 93.13 -5.0% -0.4% 11.0%
4 Merck 77.63 -6.8% -3.1% 5.3%
5 Pharma 58.81 -5.9% -5.7% 3.9%
6 Pfizer 127.06 -13.0% -8.3% 1.7%
7 Abbott 49.06 -3.7% 4.8% 0.1%
8 Smith 66.69 -4.9% -5.0% -4.0%
9 Scher 52.50 -12.2% -6.7% -5.0%
10 Lilly 82.31 -8.8% -3.2% -7.4%
11 Bristol 61.38 -5.3% -4.3% -8.3%
12 Warner 67.38 -5.4% 1.7% -10.4%
13 Glaxo 60.75 -8.0% -9.2% -12.6%
Big Pharma 71.25 -8.2% 3.4% 0.4%
Dow 10,494 3.1% 5.1% 14.3%
S&P 500 1,319 -2.2% 3.9% 7.3%
NASDAQ 2,482 -4.3% 7.6% 13.2%
News/chart/quote links to Big Pharma and ED stocks:
Yahoo! PFE News biz.yahoo.com
Five Day Chart of PFE versus the Dow quicken.com
A great PFE Stat Website dailystocks.com
Labpuppy.com Drug Stock Commentary (scroll down after opening) labpuppy.com
A New Investment Website Worth A Try
bridge.com
Big Pharma
Yahoo Link
quote.yahoo.com
Motley Fool Link
quote.fool.com
ED Stocks
Yahoo Link
quote.yahoo.com
Motley Fool Link
quote.fool.com
PFE Split Information
-On the April 22, 1999 Annual Meeting, PFE shareholders will officially approved an increase in authorized outstanding shares that will permit a 3-1 split.
-Following the Annual Meeeting, the PFE Board is scheduled to meet and announce the 3-1 split and its effective date....Expected to be following the June 30, 1999 close.
The 1999 Pharma Portfolio Challenge:
Motley Fool /SI Challenge Highlights
-The impact of last week's decline was felt throughout the Portfolio Challenge. A total of only 58% of the portfolios are in the black as compared to 94% last week.
-Ron Flanagan (+11.5% down from 26.1% last week ) remains #1 with an equal trifecta of PFE/MRK/AMGN (Portfolio: 33% PFE/MRK/AMGN, 1% Cash).
-MERCKGAL (+11.1%) moved up to #2 with her play on AHP (Portfolio: AHP 99%, MRK 1%).
-McMenus(+10%%) remains in the place position (Portfolio: 40% PFE, 25% AMGN/MRK, 10%:JNJ)
-The five 100% PFErs (+1.7%) dropped to 25th place (Portfolio: 100% PFE)
-Supporting the principles behind the Peabody Model: PEABODY PURCHASE (+3.4%) is beating the PFE DRIP (+0.9%).
-An interesting portfolio this week is the PEABODY PEAK SHORT (+7.2%). This portfolio shorts PFE at confirmed Peabody Peaks (in the amount of $833 representing 1/12th of the original cah investment of $10,000). (Portfolio: 63% cash, 17.50 shares short PFE) purchased at the 3 1999 Peabody Peaks; 134.63, 144.50, and 150.13)
-SHORT COX II (-3.5%) is in 60th place (Portfolio: 50% short PFE; 50% short MRK)
-SHORT PFE (-1.7%) moved up to 47 th place (Portfolio: 100% short PFE)
-A complete ranking of the 65 portfolios is posted on AOL's PFE BInvestment Board.
For 1999, the following 8 composite portfolios** have been created for comparative purposes:
-BIG PHARMA**- Portfolio is indexed versus the Big Pharma growth rate
-CASH**- Portfolio is 100% in cash with a fixed 5% annual return
-PEABODY PURCHASE**- Portfolio was originally 100% in cash with $833 purchases of PFE at Peabody Pending Valleys as called by Mr. P
-PFE DRIP**- Portfolio is 100% in cash with a $833 monthly DRIP for PFE
-PFE DRIP SHORT**- Portfolio is 100% in cash with a $833 monthly DRIP for shorting PFE
-SHORT COX II**- Portfolio is 50% short PFE and 50% short MRK
-SHORT PFE**- Portfolio is 100% short PFE.
PEABODY PEAK SHORT**- Portfolio was originally 100% in cash with $833 short purchases of PFE at confirmed Peabody Peaks.
Click here for a breakdown of the holdings of the 64 Challenge portfolios
www3.techstocks.com
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