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


To: Dave who wrote (4918)8/13/1998 8:55:00 PM
From: Ron Flanigan  Respond to of 9523
 
Dave:

You are right on the day trading. It is a crap shot.
Sometimes you can roll a 7 and other times you crap out.

I've bought and sold PFE at least six times since the news
of Viagra first hit the street. I've made a modest profit.

At the moment I sit with PFE at 116 1/2 so I'm not doing
much day trading but I'm not worrying either. It will be
back after the dog days of August are behind us.

In terms of your message to me, I don't blame management and
am not sure where you got that idea. I think Pfizer is doing
an excellent job.

Do I believe that the stock market is manipulated? YOU BETTER
BELIEVE IT. Can the voice of the little guy be heard. Perhaps.

The better approach is organized voices. We have many examples.
At the moment, I'm not sure what I might have an objection to.
It amazes me the little things that cause this market to go
whacko but I'm getting use to it.

If Pfizer does not have an investor relations, then they should
seriously consider having such a position. I don't know if they
do or not. I wouldn't call if they did but many people need that
personal contact and if you invest a substantial sum of money
into a company then perhaps they owe you a duty to have such a
position.

Just two more weeks of these dog days and the market will be back
as bullish as ever. The bears can start looking for a hibernation
log.

Ron

P.S. I have never played options. Someone told me that playing
options was much like playing roulette or as Bo said three things
can happen when you pass the football and two are bad.

Keep The Faith!

Ron