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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 (5957)	10/13/1998 5:41:00 PM
From: Sonki	Read Replies (3) \| Respond to of 9523

anthony, we have to dig it up. i know , i m not wrong. cuz analysts were trying to increase the estimates going forward last qurter but the company downplayed and explicitly said they were comfortable with this ---- number. specific numbers. which were the current estimates. i can not belive PFE would do this. i really hope i m wrong cuz i have a great deal of respect for the management.

To: Anthony Wong who wrote (5957)	10/13/1998 6:19:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 9523

>>Sonki, I don't recall whether they had said that they were comfortable with earnings estimate... Anthony, The comment you're looking for is contained in the earnings press release, via a quote from David L. Shedlarz, senior vice president and chief financial officer: ''In the past,'' he continued, ''we noted that we were comfortable with the range of the majority of analysts' diluted earnings-per-share estimates of $2.05 to $2.10 for the year, excluding the impacts of acquisitions, divestitures, licensing fees, legal settlements and other unusual and non- recurring items. The divestiture of the MTG businesses (with earnings expected at about 10 cents per share on a full-year basis) now indicates a range of $1.95 to $2.00 per share for the full year from continuing operations, excluding unusual and non-recurring items, with which we remain comfortable.