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

To: BigKNY3 who wrote (4150)	7/9/1998 10:53:00 PM
From: HoodBuilder	Read Replies (2) \| Respond to of 9523

A few observations... I was surprised to see the closing price change from 115 3/16 to 116 however this represents a triple top breakout according to P&F. I would like to see the stock trade during normal hours at or above this level as I have come to ignor after/pre market trading. (Perfect example was YHOO this morning, some poor SOB actual paid $208) Although I am the eternal PFE Bull I have a problem using $1.6 bil for a Viagra Run Rate as we certainly experienced "trial sales" during this Q so annualizing is a problem although European Sales may ultimately make up for the "I gotta try some V" guys. As far as price predictions go I won't, but I will say that the P&F chart pattern is very reassuring and we may very well make new highs in the next few days. It's rather funny that all the attention turned to PFE with the release of Viagra but if you look at some of the other drug stocks they have been on fire while Pfizer has been range bound, i.e. MRK, BMY, WLA, ABT, and SGP have all recently made new highs and Pfe is up just 15% since last April. For all the longs that have weathered the storm I think we'll be rewarded soon. Cheers PFE'ers