Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: BigKNY3 who wrote (4914)	8/13/1998 10:46:00 AM
From: zurdo	Respond to of 9523

BigKNY3, As always, your post is very sensible and insightful...Your last paragraph is definitely food for thought...Thank you for your valuable input...Sometimes frustration can get the best of an investor...There is definitely large scale manipulation at work on this stock, whether Pfizer is part of it or not... This manipulation appears to center around PFE options sellers...This stock will not break the 105 barrier until those options expire...I hope I will be proven wrong, but I don't think so...

To: BigKNY3 who wrote (4914)	8/13/1998 3:27:00 PM
From: BI*RI	Read Replies (2) \| Respond to of 9523

Responding to every Viagra article would require a daily press conference that probably would generate even more irresponsible stories from news hungry reporters. That's been my reaction throughout this whole discussion. Why get into a pissing contest with opportunistic media? It will only bring more attention and credibility to the sensationalistic reporting that always accompanies out of the ordinary events of the type that Viagra has presented. People who need something to write, will go look for the "Viagra" stories to submit to their paper, magazine, whatever. That's if they weren't assigned the story in the first place by an editor who's worried about keeping up with the competition. There have been both positive and negative factual reports and stories. Management doesn't need to respond to the negative ones and end up in a "methinks thou doth protest too much" situation. Pfizer appears to be a very conservative company as far as PR is concerned; that's O.K. with me. The traders and impatient are disappointed, while the long term investors realize that the merits of Viagra and other PFE products will be proven in the future. Fortune or Money Magazine (I read both) recently had an article tracking the "Nifty Fifty" from the 1960's, graphing what they have done over the past thirty years. #1 on the fifty?............ Pfizer. ......20% annual gain over those years. The current issue of Fortune recommends the ten stocks to buy and hold for your retirement. Safe, sound, and will succeed in any market. Two are pharmaceuticals: Merck and AHP. My money is on Pfizer to repeat their past performance, and outperform either of these two. We'll see in a few years. I'm with You, Al, and Dave. Let management run the company and not worry about the day-to-day.