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: Sonki who wrote (2842)5/24/1998 1:39:00 PM
From: Anthony Wong  Respond to of 9523
 
Sonki, if I recall correctly, Jerry mentioned $100 as strong support, and then $96? You'll have to check back his prior posts. I hope it won't go down as much percentagewise as WLA did. The new scripts would come out on Tuesday, and the FDA's impending approval of the anti-psychotic drug in June/July should bring some excitement back into the stock. WLA's stock price has been very strong because of Lipitor sales, but I read somewhere that PFE gets 30% of the Lipitor profit by co-marketing it, so strong Lipitor sales should be good for PFE too.(Again, I can't locate the aticle where they mentioned the 30% number, so this may not be accurate.)

Anthony



To: Sonki who wrote (2842)5/24/1998 3:13:00 PM
From: The Prophet  Respond to of 9523
 
No, it will not. It will trade up to 110-115 as relief from the FDA scare sets in.