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


To: BigKNY3 who wrote (1728)4/27/1998 9:15:00 PM
From: Solid  Read Replies (1) | Respond to of 9523
 
BigKNY-

My home state! So the question I have, after listening to concerns about lost momentum and now real earnings per share, etc., on the heels of the most incredible prescription figures in History is this-

I still feel 120's, even higher are a real possibility before mid June. Do you agree based upon poss. Fed action and market skiddishness concerns? I am long but also hold options for June and do not plan on bailing prematurely.

Did you see Lou Ruekyser's show? All on drug stocks too. AND, the chief drug analyst stated that pfe is an excellent stock and definitely do not let it go. As I have read on this thread, she saw new antibiotic and others as VERY IMPORTANT NEW DRUGS, with tremendous potential as well and a huge plus for PFE. And, have foreign sales been considered in the equations yet?

Thanks for your thoughts!

Solid



To: BigKNY3 who wrote (1728)4/28/1998 8:19:00 AM
From: Cosmo Daisey  Respond to of 9523
 
BigKNY3,
"""PS I won the Viagra New Rx Challenge!"""

Congratulations. I don't recall what the prize is but its all yours.
Ed McMahon and Dick Clark are looking for your house right now, make sure your toupe is on straight when he arrives.
cdaiseyPhD@prize-patrol.com



To: BigKNY3 who wrote (1728)4/29/1998 8:53:00 AM
From: Ally  Read Replies (1) | Respond to of 9523
 
I sold May 120 calls (covered) when PFE was around $116. Thinking now of selling May 115 calls (uncovered) assuming that the resistance level is at $115 to May options expiry and that the May120 calls are safe.

What are the positives/negatives on this strategy... (I'm a newbie on options)... anyone...