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


To: gookmd who wrote (2136)5/6/1998 4:23:00 PM
From: B.REVERE  Read Replies (1) | Respond to of 9523
 
If the employment report comes in weak on Friday morning,
the market will rebound strongly and take Pfiser with it.
If it comes in line, Pfiser may run up anyway on anticipation
of blowout numbers Monday morning. Sooner or later, analysts
will have to raise earnings estimates based on the higher
revenues due to Viagra. Today's drop was mostly the small
investors selling off to the institutions. Today's volume
was below average indicating that this is exactly what happened.
Also, average trade was less than 750 shares, another indicator
that the institutions accumulating not selling.

Later,



To: gookmd who wrote (2136)5/7/1998 4:12:00 AM
From: Ally  Respond to of 9523
 
>> pfe should have a good run in expectations to Q2 announcement, assuming that the current correction should be over by that time. Presently seems like the correction is across the board. This is actually healthy for the market as investors take profit from the fast run-up and consolidate their positions in preparation for our next move up.<<

You mean speculators take profit <gg>. Speculators and traders may look like geniuses as market timers at this time, however, history has shown again and again that the true investors (buy and hold) ultimately get the biggest gains. PFE is a great stock... simply buy and hold for maximum profit!