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


To: Solid who wrote (2840)5/24/1998 11:13:00 AM
From: Early Out  Read Replies (1) | Respond to of 9523
 
Personally, I wish the market had reacted more negatively to the news. Similar to the pentium bug that caused Intel's stock to drop temporarily, episodes such as this often open up great buying opportunities. In the end we will find 104 was a good buying opp., but the risk/reward ratio would be much better if this thing had dropped to say, 90, on the news.

In any case, the facts are that 6 people out of 1 million have died, which is not unusual at all. We don't know if thery were related to Viagra at all, in fact all of this talk about nitrates is true, but may not have anything to do with these deaths.

It's completely possible (in fact, likely) that the 6 deaths were of natural causes, and Viagra wil be praised for letting them die with a smile on their face.

My dream play, that in my opinion is not a dream, but more of a reality, is that rumor and innuendo over these deaths cause PFE to drop to 80 and VVUS to rise to 30. Ooh boy, would there be money to be made at that point! :-)

-jsc