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


To: B.REVERE who wrote (4217)7/10/1998 6:09:00 PM
From: Frank Murphy  Read Replies (2) | Respond to of 9523
 
Thread:
I am also a trial member and promise not to be as irresponsible as The Johnson. I have designed networks for Pfizer and am looooong it as well. I deeply appreciate all of the work Anthony, BigKNY3, Zurdo, B. Revere and the rest. Cosmo cracks me up. Wonder how "Hot Tuna" feels now....... Hope to add useful info when appropriate. Thanx all 4 the informative posts and hope to contribute.

FM



To: B.REVERE who wrote (4217)7/10/1998 7:09:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 9523
 
BR, is the report referred to by Everen Securites?

<Management reduced this figure by moving more R&D expense into this quarter's report. This accounted for about 6 cents of the 12 cent reduction.>

In any case, this seems a wise move on the part of Pfizer management. Viagra sales in Q2 is strong because of pent-up demand, but Q3 may not be as strong if new scripts levels off (though off-set in part by strong re-fill numbers). In Q4 we have European sales and hopefully Canadian sales kicking in, so that should be OK. I really have to print out the earnings report for a more detailed reading this weekend.

Anthony