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


To: Cosmo Daisey who wrote (969)4/4/1998 11:57:00 AM
From: BigKNY3  Read Replies (1) | Respond to of 9523
 
Highlights from the Big Pharm Report posted on AOL's Motley Fool Pfizer Board.

Spring Ahead!

Have PFun!

BigKNY3

______________________________________________________
Big Pharma Report- 4/04/98

Week
Big Pharma jumped 3.4% as compared to smaller gains for the Dow (+2.1%), S&P (+1.9%) and the NAStie (+1.7%). Big Pharma set an all-time high on Friday (88.24).New highs were set for 3 Big Pharmas; PFE (101.88), WLA (184.00), and SGP (85.75).

For the week, GLX was leader (+13.3%), followed by WLA (+10.8%), AHP (+8.6%),JNJ (+7.7%) and PFE (+6.4%).

YTD 1998
Big Pharma (+23.5%) remains hot ...ahead of the Dow (+13.6%), the S&P (+15.7%), and the NASTie (+18.2%).

Similar to the first haft of 1997, WLA has taken off (+48.2%), followed by SGP (+38.0%) and PFE (+36.6%).

LLY is hasta Evista (-15.8%).

Big Pharma News You Can Use

CCBs are still under attack in this week's Business Week "Is Good Marketing Bad Medicine".

PFE Broker reviews:

Cowen: "We project a 12-18 month target price of $115....Viagra received a great label."

Merrill Lynch: We expect the stock to track Viagra's new Rx trends which we anticipate will be strong....From our perspective, PFE has the best fundamentals in the industry and we maintain our Buy rating for both intermediate and long-term."

Bear Stearns: "The initial demand for Viagra will be unprecedented in the pharmaceutical industry, in our opinion....Initial sales will be unprecedented due to significant pent-up demand. MUSE sales last year were $129 million even with the product out of stock for the year and with the product having marginal efficacy....PFE shares will now trade in-line with Viagra script trends."


ED News You Can Use

Today's Viagra News

New York Times: Page 1 again! Focus on use in women.
New York Times: Frank Rich in the OP Ed Page calls President Clinton the "Viagra Kid".
Entertainment Weekly: Hot Sheet: What the country is talking about this week....
#4: Male-Impotence Pill: Why does this medical breakthrough cost up to $9
a pop? Because the main ingredient is ground-up little red sports cars.