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.

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

To: MARK C. who wrote (5945)	10/13/1998 4:49:00 PM
From: HiSpeed	Respond to of 9523

<$87 in after hours trading> Hmm I wasn't sure if it'd see 80s; thought it may go directly to the 70s....amazing miss, ^&$%%$*, I thought they'd meet +/- a penny.

To: MARK C. who wrote (5945)	10/13/1998 5:39:00 PM
From: sea_biscuit	Respond to of 9523

Good for you that you rode this all the way up from 1976. But I wouldn't chase it at these levels. PFE is in the top decile of price-to-sales, and as a group, high PSR stocks have never done well going forward. This one could get cut 50% and still remain overvalued relative to its growth rate. One should proceed with utmost caution. Of course, if one is DCAing into this over the next 5-10 years, this might be a good opportunity to buy this year's quota of shares at less-than-peak prices... Dipy.