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


To: Frostman who wrote (3950)7/6/1998 12:21:00 PM
From: B.REVERE  Read Replies (1) | Respond to of 9523
 
[corvas news]----Don't believe this news is moving the stock today.
Stock is trading on a hard upward bias all day. First downdraft
at 10 am knocked out all remaining weak hands. Significant sell
block of 81,000 shares traded at 107 1/2 and should have forced
the stock to track back down. Didn't budge and big blocks from
institutions came in to blow back through 108. Turnaround in
trading is most likely due to expectations of better than expected
earnings next week and positive comments from ceo on future of
company during conference call. 115 will be the test this week.

Later,