Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Trader J who wrote (16407)	6/22/1999 2:31:00 AM
From: American Spirit	Read Replies (1) \| Respond to of 56537

PFE is a blue chip with very LONG prospects regardless of short term bad news. Splitting 3-1 in just 10 days and 97 represents a near-term low buying op for longterm appreciation. Good news could come at any time. From a #1 firm like PFE I'd expect some PR battling back. In ten days you can own 300 shares at $32.50 for your $10,000 now. That $32.50 could quickly turn into $50 and there you are. Or it could languish. Every one of these babies is a gamble. At least PFE is a longterm keeper nomatter what. I'd go contrarian on it now and buy when the negativity's at its max. Quality techs have had big run-ups this wek. Pharmas are looking more and more like a bargain.