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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 (8232)10/19/1999 4:05:00 PM
From: Frank Brisebois  Read Replies (1) | Respond to of 9523
 
ALL:

At the close of the bell, someone bought 112,900 shares at 40...

Frank



To: Bull-like who wrote (8232)10/19/1999 4:39:00 PM
From: Anthony Wong  Respond to of 9523
 
Analyst ratings/comments today:

(Bloomberg) Pfizer Inc. (PFE
US) was reiterated ''buy'' by analyst
Carl J. Seiden at J.P. Morgan
Securities.

(Bloomberg) Pfizer Inc. (PFE US) was raised to ''buy'' from ''market perform'' by analyst Barbara A. Ryan at Deutsche Banc Alex. Brown.
(CBS MarketWatch) Co. says it will let revs. go to bottom line, is
restraining spending.

(Bloomberg) Pfizer Inc. (PFE US) was reiterated ''outperform'' by
analyst James P. Keeney at ABN Amro. The 12-month target price is $45.00 per share.

(Bloomberg) ''For Pfizer, it's not just one product,''
said Jeffrey Chaffkin, an analyst with
PaineWebber, who has a ''buy'' rating
on Pfizer. '' They've got Viagra, they've
got Lipitor and they've got Celebrex.

At the same time, Pfizer has been able to boost sales of its older
products such as Zoloft and Norvasc. Pfizer now faces the challenge of
following up on these successes. It will review its pharmaceutical
research at a November analyst meeting.

''The issue for them is what they will have to show us in November,''
Chaffkin said.



To: Bull-like who wrote (8232)10/19/1999 4:46:00 PM
From: Anthony Wong  Respond to of 9523
 
Bull, I haven't had a chance to read the detail press release yet, but my understanding is that the Trovan investory is a special charge. Cost of sales - would that be the result of increased spending in marketing costs?

Anyway, good action in all the major drug stocks today. I've been looking forward to PFE breaking above the recent trading range. Proves that diversification in one's portfolio is good for your financial health.

Anthony