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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (22315)10/21/2005 12:54:32 AM
From: Spekulatius  Read Replies (1) | Respond to of 78570
 
re PFE. I have made it an habit to sell first in the face of unexpected bad news and ask questions later. After some reflection about PFE's results I still think that this was the right decision. PFE revenue slide of 7% for the pharma sector is pretty shocking as is the loss of momentum for Lipitor sales.

Still PFE appears like a good value and I may consider a reentry after a 31 day cooloff period.



To: Paul Senior who wrote (22315)10/21/2005 8:47:58 AM
From: Suma  Read Replies (1) | Respond to of 78570
 
Hello nibbler...(:)

The report is that it will be one to three years before PFE has the variation of the current Lipitor that will enhance this premier cholesterol drug. I am 74 and hope that I live o long. Nothing to do now but hold I guess. Too big a loss to sustain selling now. My conundrum.. whether to average down again and get my price to $31.50

Good luck, Paul