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

To: Tokyo VD who wrote (6039)	10/14/1998 5:03:00 PM
From: John F. Dowd	Read Replies (2) \| Respond to of 9523

Tokyo: I was wrong on PLC because I (along with every other outside shareholder) didn't know about the disastrous financing deal (almost floorless convert deb.) until a week after I made that comment which was right before the FDA approval. Actually I also felt that in the absence of such knowledge and given the fact that PLC was the only one FDA certified for TMR that they would have a clear field. History shows that I was wrong but I can't see, even in hindsigh,t how one could have seen that ugly financing coming. But I would not dismiss the concept of TMR/PLC and might go back in at 3-4. Some times you lose but if you don't get in the batter's box you will never have the chance to take a cut. Regarding PFE I am in for the long haul and made 8 points on some newly acquired shares thanks to the nay sayers. Do you ever have any positive ideas? JFD