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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 (4185)7/10/1998 11:47:00 AM
From: B.REVERE  Read Replies (6) | Respond to of 9523
 
Vasomax trials indicated 40% effectiveness at best. Dr. Lamm
who probably knows the ED industry better than anyone else, thinks
it's a good product but with a limited client base. Preffered
viagra 6 months before the release date and continues to do so.

Later,

BR



To: Anthony Wong who wrote (4185)7/10/1998 1:38:00 PM
From: Hesham  Read Replies (1) | Respond to of 9523
 
Pfizer will have to buy back over a $1 billion of its own stock during the next 3 months!

Q23) What is the status of Pfizer's share repurchase program?

A23) In September 1996, Pfizer's board authorized the Company's
repurchase of up to $2 billion of its common stock over 18-24
months. In the second quarter of 1998, Pfizer purchased 1.2 million
shares at an average cost of about $102. Between September 1996 and
the end of June 1998, Pfizer purchased 15.6 million shares at an
average cost of about $60.