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


To: alexander orlov who wrote (720)3/26/1998 7:15:00 AM
From: Dave Williams  Read Replies (1) | Respond to of 9523
 
What information do you have to backup your confidence of the approval? Does the FDA generally take the weekend off?



To: alexander orlov who wrote (720)3/26/1998 8:25:00 AM
From: Jacques Tootight  Respond to of 9523
 
Don't go to the bank yet with that split date.
I recently heard on the grapevine that 1)there aren't enough
shares authorized to allow for a split, so this will have
to be on the meeting adgenda first. 2)mgt may be leaning toward
letting the price run for awhile and do a 3:1 a little later.

This IS simply idle talk I've heard nothing substantiated. Perhaps
someone with access to the info can check on how many shares are
currently authorized.

For what its worth -

rc



To: alexander orlov who wrote (720)3/26/1998 12:59:00 PM
From: MJ  Read Replies (2) | Respond to of 9523
 
My broker just informed me that smith barney is saying that approval is imminent and they raised their price target to 120.