Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: HiSpeed who wrote (14440)	10/6/1998 9:53:00 PM
From: Neil_L	Respond to of 18691

Shorted PFE earlier in the year just after Viagra was launched. Just felt there was too much hype and optimism at that time over Viagra to ever realize the expectations. Got more aggressive as the death reports started to roll in. Figured then (and still do now) that it will be pulled off the shelves...its only the power of PFE and the corruption of the FDA that it hasn't been pulled yet, imo. Originally had a target price in the mid 80's, which we are nearing, but given recent perceptions and developments, I'm going to get greedy and hold for more. PFE is still grossly overvalued. The latest SmartMoney had an article about Dream stocks and what would be a reasonable price to pay for them based on their estimated future growth rates...they list PFE at 46. Not sure whether we'll get there, but I sure would be happy...and buying. FYI, here are the other dream stocks and target buy prices: AOL....75 CSCO...46 KO.....40 DELL...33 GE.....50 INTC...65 MSFT...64 PFE....46 WMT....34 DIS....22 If they're right, theres still a lot of money to be made on the short side. Neil.