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


To: Anthony Wong who wrote (4135)7/9/1998 8:19:00 PM
From: nukid onWallSt  Read Replies (1) | Respond to of 9523
 
PFE will hit above 120 and SPLIT soon? ??????



To: Anthony Wong who wrote (4135)7/9/1998 8:30:00 PM
From: Anthony Wong  Respond to of 9523
 
Pfizer could rise on Q2 earnings
cbs.marketwatch.com



To: Anthony Wong who wrote (4135)7/9/1998 8:51:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 9523
 
>NationsBanc's sales projections for Viagra are $800 million this year and $1.9 billion in 1999.

Am I missing something, or are these projections silly. With sales of $411 million for the 2nd quarter, flat sales would lead to $822M for the second half - a total of $1,233M for the year. Flat sales would lead to $1,644 in 1999 BUT so far Viagra is only being sold in the USA and a few tiny countries. When Europe and Asia kick in, this could be a $3 to $4 BILLION dollar drug in '99.

I'm waiting for the analysts to do their math (thank god for calculators) so they can start the upgrade thing. Let the parade begin.

UF