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


To: Ibexx who wrote (2397)5/12/1998 6:22:00 AM
From: Dave Williams  Respond to of 9523
 
>Are you near Groton, CT by any chance?
I'm in Groton. Rumor mongers here are hoping 3/1 after an options distribution in September time frame [They can dream can't they?]. They realize this will require vote to increase shares.

Others believe they're hoping the new interest will eat up some of what's already out there. This is probably part of the reason for hte delays.

Dave



To: Ibexx who wrote (2397)5/12/1998 9:25:00 AM
From: Cosmo Daisey  Read Replies (2) | Respond to of 9523
 
Ibexx,
"""$160 has never been an issue; the question is how soon. Are you near Groton, CT by any chance?"""
The talk is $160 pretty soon because earnings are greater than what's being speculated. Scrip reports don't include cash sales not reported to insurance for coverage, sales headed for foreign markets aren't included in reports, actual sales may be twice as much as reported or even more.
I am not in Groton but I go there on business about twice a month. The PFE plant is being expanded and they are talking about adding thousands of employees.
Coz



To: Ibexx who wrote (2397)5/12/1998 1:28:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 9523
 
Hi Ibexx:

I'm near Groton. No time to post but major expansion and my friends brother and sister in law work there. He's kicking himself for not buying earlier