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

To: Brander who wrote (2100)	5/6/1998 6:59:00 AM
From: KENNETH R SANDERS	Respond to of 9523

BRAD>>>>>>>> You have to pay up sooner or later.<<<<Later is better<G>.>>>>>>>>>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.<<<<<<<<<<< I did not say I avoided paying taxes. I said tax was not a consideration. Have you checked out the ROTH IRA yet or are you disqualified due to AGI limitations since I see you are an MD<G>

To: Brander who wrote (2100)	5/6/1998 9:01:00 AM
From: Caroline	Respond to of 9523

OT unless it's a Roth. On topic: the contrary indicator of all those magazine covers bothered me at first. But I was reading Bernie Schaeffer's book last night (who makes a great case for contrarian indicators) and realized that these magazine covers are not the typical phenomena you'd get with a bear turn. In other words, we're not at the end of an extraordinarily optimistic cycle that is now exhausting itself. That is the rationale he has on using magazine covers as bear (if promoting) or bull (if grieving) indicators.