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


To: Wally Mastroly who wrote (4752)8/5/1998 3:44:00 PM
From: LWolf  Read Replies (1) | Respond to of 9523
 
Thanks Wally, for finding that post!
Laura



To: Wally Mastroly who wrote (4752)8/5/1998 10:30:00 PM
From: Solid  Read Replies (1) | Respond to of 9523
 
Wally, et al- OT? I dunno...

Glad to see Abbey's encouraging words, but I kindda wish she'd back off and let the market dip for a more 'healthy' corrective respite. I don't know about others on this thread, but my SI portfolio watch list, some I still hold most I sold- with oil sector and several small to mid cap size companies in tech sector- has been decimated over the last few months. MDCO, a Smart Money top ten pick, recent high 26, today below 10(granted not just market but economics of oil)! NMGC, the graphic chip of choice for laptop computers, the basic new standard with top sales, DELL's top choice, recently 23, today 13. THRX, makes the radiated seed implants for prostate Ca treatment, recent high 33, today 13+! NASI, recent high 30, today 11+. Etc., etc. Though skewed a bit with the oils, I did not change the # shares or delete stocks when sold and the portfolio value went from $110,000.00 in April to $57,000.00 today.

For all but the big boys and internet frenzy, seems to me the BEAR has been eating well for a while.

Very narrow market. With a better corrective phase I was hoping for a little more sane market with the chance for money to start flowing into stocks other then the 'Massive Minority.'

We'll see what happens. Just appears potentially a 'bit' unstable and a little more like gambling then investing right now for all but LONG term plays with solid big players like PFE.

Makes me think of the Sargent from Hill Street Blues after the morning info update to the Cops heading out on 'The Street'...'Hey, lets be careful out there!'

fyi.