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

To: Anthony Wong who wrote (5129)	8/24/1998 12:11:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 9523

Pfizer Sells 15,000 Viagra Pills in Switzerland in 1st Month Bloomberg News August 24, 1998, 11:21 a.m. ET Pfizer Sells 15,000 Viagra Pills in Switzerland in 1st Month Zurich, Aug. 24 (Bloomberg) -- Pfizer (Schweiz) AG said it sold about 15,000 Viagra pills in the first month since its introduction in Switzerland, in what Pfizer said is the country's most successful launch of a new drug. The unit of Pfizer Inc., the world's sixth-biggest drugmaker, said the impotency pill generated wholesale revenue of 1.1 million Swiss francs ($726,000) in the first month, suggesting retail revenue was 2 million francs. Switzerland was the first European country to approve Viagra, and Pfizer began selling the drug there at the end of June. Viagra this week faces scrutiny by a committee of European Union drug regulators, who'll recommend whether the European Commission, the EU's executive arm, should approve the sale of the drug, according to Philippe Edouard Brunet, an EU drug regulator. Viagra got the backing of the European Medicines Evaluation Agency, an expert panel that advises European regulators on drug approvals, on May 29. Final approval from the commission usually comes two to three months after EMEA approval, Brunet said. --Reto Gregori in the Zurich newsroom (411) 224 4111/ph

To: Anthony Wong who wrote (5129)	8/24/1998 2:33:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 9523

Anthony, Have you posted anything about a pfe split? There was a lot of speculation before their last (magnificent) earnings report, but I haven't heard anything for a few weeks. Lots of positive news, but the stock has traded in a 100-110 range since the beginning of the month while I had expected (hoped) it might make a move at the 121 3/4 high. Tracking the market? Building a base? Could this be the right time to start accumulating? Comments from TA practitioners would be appreciated. Frank