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

To: DaiS who wrote (3921)	7/4/1998 11:48:00 PM
From: zurdo	Respond to of 9523

DaiS, A year from now you will probably be saying "I wish I had bought PFE in July of last year when it was selling at 107.5 before splitting...In my opinion, the flaw in your argument is your fear of PFE's P/E ratio...No less an authority on investment than William O'Neal, publisher of Investor's Business Daily, will advice you that many great opportunities to capitalize on leading stocks are lost because of people's fixation on P/E ratios...You will find many, many attractive P/E ratios among the laggard stocks....for good reason...No one can foretell the future, but at this point in time I see PFE as my best investment...Otherwise I would be in DELL...