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


To: Jim Lamb who wrote (812)3/30/1998 1:42:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 9523
 
Just some INFO for the thread<g>...only the begining.....:>}
Monday March 30, 1:24 pm Eastern Time

RESEARCH ALERT-View on Pfizer's Viagra rises

CHICAGO, March 30 (Reuters) - NationsBanc Montgomery Securities drug industry analyst
Leonard Yaffe said Monday he plans to raise his 1998 sales estimate for Viagra, a new impotency
drug from Pfizer Inc., to $400 million from $275 million.

Shares in New York-based Pfizer were up 1-3/4 to 97-1/8 in midday New York Stock Exchange
trading.

Viagra was approved for U.S. marketing on Friday, setting up a mid-April U.S. market launch,
earlier than Yaffe said he had expected.

For 1999, Yaffe said he estimates Viagra sales of $800 million. ''We think this could be the first
$6-billion drug,'' he said.

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Pfizer Inc (NYSE:PFE - news)
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