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

To: P.M.Freedman who wrote (8295)	11/19/1999 11:50:00 PM
From: john dodson	Respond to of 9523

Why almost hopeless? This is gonna take a while even if PFE does succeed. If PFE is really committed to getting WLA, they'll probably have to raise their bid. Either that or hope for a WLA meltdown, which doesn't look to likely at the moment. -John

To: P.M.Freedman who wrote (8295)	11/20/1999 10:10:00 AM
From: John F. Dowd	Read Replies (1) \| Respond to of 9523

PMF: What in that article that you cite leads you to draw that contrary conclusion. They have no staggered board. I would think PFE will just gather enough votes to replace the board with their folks and then they will recommend the PFE offer as superior - which it is. What is the advantage to WL holders to accept a lesser $ amount from a troubled company? The only things in the way here are execs. trying to protect their fat jobs. Why would WL shareholders want a bride that has been left at the altar twice before when they can have prettier bride with a larger dowry? JFD