SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: BigKNY3 who wrote (2554)5/18/1998 12:19:00 PM
From: Anthony Wong  Respond to of 9523
 
Pfizer Inc. Reiterated 'Strong Buy' at Cowen & Co.

Bloomberg News
May 18, 1998, 7:38 a.m. PT

Princeton, New Jersey, May 18 (Bloomberg) -- Pfizer Inc. (PFE US)
was reiterated ''strong buy'' by analysts Ian C. Sanderson and Steve Scala at
Cowen & Co.

-- Andrew Bekoff in the Princeton, New Jersey newsroom, (609)279-3652



To: BigKNY3 who wrote (2554)5/18/1998 12:24:00 PM
From: Anthony Wong  Respond to of 9523
 
Egypt Confiscates Illegal Imports Of Pfizer's Impotence Pill
May 18, 1998 5:43 AM

CAIRO (AP)--Egyptian police and health ministry
officials are raiding drug stores to confiscate illegally
imported bottles of the impotence drug Viagra, an
official said Monday.

Egypt has imposed a ban on the drug and has ordered
clinical tests, said Gamila Moussa, the deputy health
minister.

She said Pfizer, the U.S.-based manufacturer of Viagra,
has applied for ministry approval to sell the drug in
Egypt, a process which could take some time.

"The drug is illegal and we want to test and try it before
we allow it in our market," she told The Associated
Press.

Health inspectors and police have been raiding
pharmacies and confiscating the drug, which has been
smuggled into Egypt and is sold on the streets and in
clinics for 60 Egyptian pounds ($17.50) per pill. The
drug costs $10 per pill in the U.S.

The state-owned Al-Akbar newspaper said legal action
is being taken against pharmacies selling Viagra. It did
not disclose the measures.




To: BigKNY3 who wrote (2554)5/18/1998 12:36:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 9523
 
Despatches - Sex pills sell in Saudi
news.bbc.co.uk



To: BigKNY3 who wrote (2554)5/18/1998 9:17:00 PM
From: BigKNY3  Respond to of 9523
 
Another big day in PFErland! Yesterday's Peabody Short-term Pforecast hit the target. Is it the weekend yet?

BigKNY3

<<Peabody Short-Term PForecast (5/17/98): PFE: 104.44, DJ: 9,096: With the Friday options out of the way and an estimated Monday Viagra Rx report of 300M +, PFE is poised to reverse the current negative momentum. In the face of such positive Viagra news, only a correcting market can keep PFE down. Be on the lookout for buying opportunities. Expect a close above 108.>>

Last Price: 110 11/16 at 17:02
Change: Up 6 1/16 (+5.79%)
High: 110 11/16 at 16:00
Low: 105 at 9:25
Open: 105
Previous Close: 104 5/8 on 5/15
Volume: 5,730,500
30-Day Avg. Volume: 6,123,000
Shares Outstanding: 1,298,734,000
52-Week High: 121 3/4
52-Week Low: 49.37
Beta: 1.05
Yield: 0.70%
P/E Ratio: 62.5
EPS: 1.77

Todays' PFE action was primarily related to the last week's negative options actions and Gruntal's upgrade .

The good news remains Viagra specification- New and refill Rx's surpassed 300M.


In other breaking news, a company called American Urological Clinic must pay $167,500 in fines and provide refunds to anyone who bought their copycat version of Viagra called Vaegra. Expect PFE to strongly protect their patent and trademark rights. The Viagra patent runs to 2011.

And for your PFEr viewing pleasure, check out ABC's NYPD on Tuesday:

9:30-11:00 PM - NYPD BLUE
Tonight's episode is "Honeymoon at Viagra Falls" (Season Finale) - Simone and Sipowicz help a frenzied A.D.A. Cohen, who suspects that a defense attorney may have been involved in the execution-style murder of a witness and her child. Medavoy and Martinez bust a slick con man who manufactures fake sports memorabilia, and both Simone and Sipowicz reach significant milestones in their romantic relationships, in the special 90-minute season finale.