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


To: Bull-like who wrote (8136)7/19/1999 1:00:00 PM
From: B.REVERE  Respond to of 9523
 
Actually, Pfizer should easily beat estimates next quarter.
Viagra sales were slammed last summer when the media jumped all over
the 100 deaths reported from those who took the drug. The media
conveniently sidestepped the issue that most of these deaths were
dismissed by the FDa's investigation as bogus and not directly related to the drug itself. They also never addressed the fact that these most of these individuals either didn't follow the warnings
on the label or had a recent physical to test the stress on their
heart.

Look for a big quarter from PFE as worldwide "v" sales smoke last years' by a wide margin. Throw in Celebrex and increasing lipitor
alliance revenues and this is a nobrainer.

Later,

Long term pfe holder.



To: Bull-like who wrote (8136)7/19/1999 1:00:00 PM
From: P.M.Freedman  Respond to of 9523
 
Shedlarz said in a statement of his earnings assumptions that the earnings would depend on several factors, including potential inventory and other charges related to Trovan. I believe that Pfizer will write off the Trovan related inventory and charges in its next earning release. It will help on tax saving. After that, the earnings will look better since the tax return will be included. Good luck!