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


To: Richard Ogier who wrote (2062)5/5/1998 1:48:00 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 9523
 
RO,
It seems the stock price is more news driver than anything else, earnings don't matter when they are put behind media coverage. Weekly sales data is old news now unless it drops off. The latest news will probably shave a few points off the price until the fear of "blue vision" works it's way through the market. This is a good opportunity for the opto docs to get national attention with a news release that basically says to use caution with the blue hue.
I sold 2/3 of my position at the open expecting a pull back further than the down market will yield today. My re-entry point is somewhere lower but undefined as of now.
CD