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

To: Uncle Frank who wrote (5984)	10/14/1998 12:28:00 AM
From: Anthony Wong	Read Replies (1) \| Respond to of 9523

Frank, I bet Deere knows that the Street is forward-looking and is only impressed by sequential earnings improvement, not year-to-year comparison. What can he do but talk about rosy future prospects, since he has not fore warned? I don't suppose they have conference calls, since analysts are going to phone them up tommorrow for clarification before downward revision of earnings. They could have given better earnings guidance. Well, well, we'll see how bad tomorrow's trading will be. And we won't see any big improvement in the stock price until Celebra is approved by the FDA. MTC is also hammered today. Maybe they can consider a merger. :(

To: Uncle Frank who wrote (5984)	10/14/1998 12:32:00 AM
From: MARK C.	Respond to of 9523

" But I'll bet there'll be a lot of shorting going on tomorrow morning, and the bloom may be off the rose for a quarter or two" Where you been Pfizer has had among the highest short interest for any stock the last several months.