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

To: taylorfife who wrote (2376)	5/11/1998 4:19:00 PM
From: B.REVERE	Respond to of 9523

Mr. Mclean, sales and earnings don't lie, analysts do. They have their own agendas for their big clients and will keep their estimates low.Their big clients will allow them to reap that big commission, but only at a price that they dictate. When there's a lot of money to be made, either by the analysts through their commissions or the institutions through their power to manipulate a stock price with the commission as the carrot, what do you think will eventually drive the stock's value? It's not the true value of the stock at this moment, it's after the accumulation by the big player's have finished buying low, then the analysts will start coming with realistic sales figures and the stock will then reflect it in its price. It's all a big game played by big players, not the little guy who tries to keep the field level. Barring an interest rate hike this summer, Pfe should be around 160 come September.MHO Later,

To: taylorfife who wrote (2376)	5/11/1998 5:11:00 PM
From: zurdo	Read Replies (1) \| Respond to of 9523

A. McLean, B. Revere is correct...There is heavy manipulation of this stock by the big money. If you have the opportunity to watch this stock on a real-time system, you will notice a heavy influx of selling pressure at the point where certain entities want the resistance level established. That will occur many times during the trading day whenever that level is reached.. That resistance level will change if and when they want it to, or when the positive facts are so obvious the general investing public will overwhelm the manipulators.... Just MHO....Look at the long term picture...This stock will appreciate to give you excellent rewards for your patience. Better you reap the rewards than the big money manipulators.