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

To: BiGx who wrote (5288)8/28/1998 4:15:00 PM
From: Early Out  Respond to of 9523
 
Keep in mind that today or Monday is the date PFE uses to set the price of options offered to employees. So, a low price (for now) will in fact be beneficial to employees, if we assume that PFE will go higher.

Peter Siris, in Guerrilla Investing (http://www.amazon.com/exec/obidos/ASIN/1563524678/qid=904335232/sr=1-1/002-6592649-9623464), has a great story about a company which, for 15 years or so, always did something stupid in July to cause a drop in the stock price. It just so happened they always priced their employee options during this month!

He says that all other things being equal, it can be a good day to buy a stock.

-jsc



To: BiGx who wrote (5288)8/29/1998 9:48:00 AM
From: BigKNY3  Read Replies (1) | Respond to of 9523
 
BiGx <<Keep in mind that today or Monday is the date PFE uses to set the price of options offered to employees. So, a low price (for now) will in fact be beneficial to employees, if we assume that PFE will go higher >>

The PFE DRIP price is fixed on the last day of the month (an average of the day's high and low).

Mr. Peabody's Wayback Machine indicates that DRIP day does not impact on PFE price levels.

Have PFun!

BigKNY3


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