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

To: Caroline who wrote (2098)	5/5/1998 9:28:00 PM
From: Brander	Read Replies (2) \| Respond to of 9523

I agree that Pfizer did not drop on the blue tinge. That side effect has been well known for some time now. Also important to note, the serious investor said he avoided paying taxes on his giant, impressive (s) windfall because it was in his IRA account. Well, there is no such thing as a free lunch. When you do withdraw that money, at one third of it is Uncle Sam's. You have to pay up sooner or later. Back to Pfizer, it will probably be a little volatile for a while, but the long term picture is still very positive and significant appreciation is likely, IMO. Brad

To: Caroline who wrote (2098)	5/5/1998 9:36:00 PM
From: Spunky Beaver	Read Replies (2) \| Respond to of 9523

<<I don't think PFE went down on the blue tinge. People saw a profit and took it. The longer it bases here the stronger the next upward move is.>> Agreed. If it drops 5 points between now and next Monday, it's no big deal. Monday, we will get the number of prescriptions filled report and my guess is it will be in the neighborhood of 400K (or should I make that M on this thread?). This number would translate into an annualized sales of $1.7 Billion, almost 50% higher than the analyst have forecasted for Viagra. A half billion in additional revenue to Pfizer would equate to a 5 to 6% increase in total projected PFE revenue. The smart money is accumulating PFE right now, not daytrading it..