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


To: John Carpenter who wrote (3082)5/31/1998 4:42:00 AM
From: ratan lal  Read Replies (2) | Respond to of 9523
 
John

Ah, to think that PFE traded at a split adjusted $2/share fifteen
years ago.


Can you name the other companies that were at $2 fifteen years ago. Of course you know that many of them are probably bankrupt. What are the chances that you would have bought PFE instead of one of those other companies.

Conversely, why dont you buy a co. whose stock is $2 and wait 15 years to get a return of 50 times?

you know what they about hindsight - something aboit 20-20.

ratan



To: John Carpenter who wrote (3082)5/31/1998 12:31:00 PM
From: puborectalis  Respond to of 9523
 
Good Point!