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

To: flickerful who wrote (5146)	8/24/1998 8:15:00 PM
From: blankmind	Read Replies (1) \| Respond to of 9523

- what does Pfizer get for marketing Selebra? - Quantatively speaking, will Pfizer get 1% of profits; 25%, 50%??? thanks

To: flickerful who wrote (5146)	8/24/1998 9:05:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 9523

flickerful... Randy, the Celebra news came out at 9:49 am, and PFE popped up to as high as $108 at 10:00 something (I was watching the realtime quotes using my brokerage's quote service). Then things went south after 10:30 am. My guess is that the "69 deaths" (article at post 5145) was the one that turned market sentiments on PFE around. This article was posted at Bloomberg at 6:11 pm, but the news must have leaked out much earlier in the day. That's the only reason I can think of. The Celebra news is great, whichever way you read it. Anthony