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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 (5800)	10/5/1998 9:53:00 PM
From: BigKNY3	Read Replies (3) \| Respond to of 9523

Tough day in PFErland. Here's the stats: PFE - PFIZER INC Last Price: 94 3/4 at 16:23 Change: Down 4 3/8 (-4.41%) High: 98 13/16 at 9:59 Low: 93 at 13:20 Open: 97 3/4 Previous Close: 99 1/8 on 10/2 Volume: 5,511,500 30-Day Avg. Volume: 4,652,000 Shares Outstanding: 1,306,595,000 52-Week High: 121 3/4 52-Week Low: 56 1/4 Beta: 1.06 Yield: 0.70% P/E Ratio: 50.1 EPS: 1.89 Besides the general market decline here is some PFE news that may have accelerated the action: Viagra Growth Outlook Slips biz.yahoo.com SGP Sues Pfizer, Says PFE Broke 1996 Agreement Schering-Plough Corp. (SGP) filed suit Monday against Pfizer Inc. (PFE), claiming the rival drug-maker has broken a previous agreement that resolved a heated dispute between the two companies over their competing allergy drugs. Schering-Plough markets Claritin, while Pfizer markets the rival prescription allergy medication Zyrtec. The dispute between the two companies dates to 1996, when they attacked each other over their marketing practices - Schering-Plough claimed Pfizer salesmen were falsely touting their drug as non-sedating, while Pfizer claimed Schering-Plough salesmen put warning stickers on Zyrtec samples in doctors' offices. The two sides settled the litigation that resulted, promising to back off even though they didn't admit any wrongdoing. But in the new lawsuit, filed in federal court in New York, Schering-Plough alleged Pfizer has violated that settlement, by continuing to claim that Zyrtec doesn't cause drowsiness. Mr. Peabody...ever the long-term optimist...added 100shares of PFE @ 94 as per yesterday's Peabody Report. Have PFun! BigKNY3