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

To: flickerful who wrote (4889)	8/12/1998 9:38:00 PM
From: coyote	Read Replies (1) \| Respond to of 9523

this company has not reached this position because they are stupid therefore the second option you described seems to have more potential

To: flickerful who wrote (4889)	8/12/1998 11:28:00 PM
From: zurdo	Read Replies (1) \| Respond to of 9523

flickerful, I tend to agree with coyote's choice, which is the second reason you gave as a possibility in explaining Pfizer's lack of action...In either case, it does not appear that Pfizer gives a rat's *ss about the smaller investor...These current events and trends are carefully crafted to make some fat cat SOBs a big pile of money at the expense of all the suckers that flocked to buy September 105 options recently, which concomitantly screws the investors who are in for the long run...I don't see this stock going above 105 for weeks, and the Peabody Valleys keep getting lower and lower... Pfizer management does not seem to feel the small investor is worth cultivating..

To: flickerful who wrote (4889)	8/13/1998 12:54:00 AM
From: LWolf	Read Replies (2) \| Respond to of 9523

flickerful.... I would tend to agree with the second position.... that management is collectively interested in letting the stock remain flat. 1) it gives time for the stock price to catch up with earnings 2) it gives the company an opportunity to execute buy back at a slightly reduced price. This is still a very strong company and stock....I'm sure that there are a lot of analysts and advisors that are more than willing to 'take advantage' of a depressed market. Broader and longer perspectives know when to let the tape work to their advantage. The stock market is there to service the interest of ALL investors. All mho, but I'm seeing this pattern in quite a few companies where there are buy backs going on. L