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


To: Richard Strutz who wrote (870)3/31/1998 1:27:00 PM
From: Jerry Olson  Respond to of 9523
 
Whew!! Rich...

you like to gamble huh???

Hey all I can say it's very risky, but doable...if the markets moves above 9000 this week, it will fly a lot higher IMO...the market i mean..

as for PFE it's very powerful but has run up hard and fast and beyond the "NEWS"........so its your guess & you're money is at stake...



To: Richard Strutz who wrote (870)3/31/1998 3:58:00 PM
From: Brian Malloy  Read Replies (2) | Respond to of 9523
 
PFE is in a good position of course.
The markets are prone to sell off this week or next
PFE could not cross $100 today

I would be inclined not to buy April 100's at this juncture.
If the market sells off hard you may be able to swoop in later and pick up options at a lower strike price and achieve your objective.