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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 (6033)	10/14/1998 4:29:00 PM
From: John F. Dowd	Respond to of 9523

Anthony: Perhaps today is a good day - well tomorrow at the open - to buy INTC. They are treating INTC today just like PFE after it announced its earnings. It seems that the analysts are so cowed by the managers of their companies to the downside that they are afraid to see the light at the end of the tunnel. Perhaps they see it as a freight train but given AAPL,INTC,CPQ reports this hi-tech market is open for business again. Monsanto will probably be a great buy as soon as the arbs (LTCap.) finish unwinding. I think the big problem is that the big brokerage houses and bank trading desks are illiquid at the present time and are doing their beat to keep the market down until they straighten their mess out. But I am afraid the insurance cos., pension funds, and mutuals aide and abetted by net trading masses are going to win the day. John