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

To: Jerry Olson who wrote (876)	3/31/1998 8:28:00 PM
From: Jay B	Read Replies (2) \| Respond to of 9523

TO OPTIONS JERRY I SHARE YOUR POSITIVE SENTIMENT ON PFIZER. I BOUGHT 1 JUNE 95 $ CALL WHEN THE STOCK WAS AT 95$. CERTAINLY THE STOCK APPEARS TO HAVE A GOOD MOMENTUM AND AGREE THAT VIAGRA WILL KEEP DRIVING UP THE PRICE. YOUR FEELING THAT IT'LL GO UP TO 120 AND THEN SPLIT AND CONTINUE TO RISE SOUNDS GOOD. I EXPECT IMPORTANT NEWS IN THE FOLLOWING WEEKS TO KEEP HELPING THE STOCK UP. IF THE HMOS DECIDE TO PAY FOR THE DRUG THAT WILL BE A MAJOR BOOST FOR THE DRUG SINCE THE MEDICATION IS EXPENSIVE. ALSO THE DRUG IS EXPECTED TO HIT STORES AROUND APRIL 15. THE NEWS SHOULD BE HELPFUL TO THE STOCK. THE WEEKS FOLLOWING THE LAUNCH SHOULD ALSO BE GOOD ESPECIALLY IF VIAGRA IS PRESCRIBED IN LARGE AMOUNTS WHICH IS EXPECTED. OTHER NEWS SUCH AS POSITIVE COMMENTS BY ANALYSTS SHOULD GIVE FURTHER BOOSTS. FINALLY TECHNICALS LOOK GOOD. I LOOK FORWARD TO COMMENTS BY OPTIONS JERRY AND ALL ELSE ON MY ANALYSIS. ONE QUESTION THAT I HAVE. I BOUGHT 1 CALL CONTRACT 70$ STRIKE PRICE EXP. AUGUST ON SPRINT WHEN THE STOCK WAS ROUGHLY AT 71$. THE STOCK'S AT 67.50$ TODAY. I AM WONDERING WHAT YOUR FEELING IS ON THIS STOCK AND WHERE IT IS GOING. IT HAS HAD A RUNUP FROM APPROX. 50$ TO 73$ IN THE PAST 2 MONTHS ON MERGER RUMORS AS WELL AS TALK OF THE SPRINT PCS BUSINESS BEING SOLD. ONE POSSIBILITY WOULD BE TO SELL THE SPRINT OPTION AND BUY ANOTHER PFIZER OPTION SINCE THE STOCK SEEMS TO BE DOING SO WELL ALTHOUGH I WOULD BE SELLING AT A LOSS RIGHT NOW. APPRECIATE YOUR COMMENTS.