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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: Wes Self who wrote (8093)7/16/1999 11:24:00 AM
From: Bretsky  Read Replies (1) | Respond to of 9523
 
You are 100% correct, and we should've bailed in the 140's when we knew the stock disappointed and fell out of favor. Hopefully that turns around with earnings. A bad report will send us in the dumper again. In today's market, it's hard to afford holding a stock that's out of favor because there are too many good ones out there.

Look at the shareholders who have held great stocks long term that are out of favor now. PFE,CPQ, and DIS are prime examples. I did own CPQ, sold it after no gain for a year at 35, and bought BRCM, and was greatly rewarded for selling my dead weight.

Hopefully I will NOT have to ponder the same decision after PFE reports.

Best Regards,
Bretsky