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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 (5871)	10/8/1998 10:52:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 9523

Dear Anthony: Thanks for the post. It looks like a win win situation. The Japan get a strong yen to import their commodities at an advantage and we get to export more on a weaker dollar. This should help our balance of trade and helps the Japanese repatriate more yen via the currency translation that is going on as money that follows a rising currency flows out of our market and goes back to Japan. This is only going to get better as we drop our fed rate. I am still trying to figure out what the crisis is. People certainly aren't going to get healthier because they "fear" a recession. This is why I can't understand why AG is making such a big deal of cutting the rate. I keep buying a little more PFE each day. John