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

To: Tunica Albuginea who wrote (6680)	1/12/1999 10:17:00 PM
From: BigKNY3	Read Replies (1) \| Respond to of 9523

Hey, TA: How have you been? You must admit that anyone who has shorted PFE over the last 5 years needed to be very nimble and attentive in order to make any money. As shown by the Peabody Peaks & Valleys, it was possible... but it was much easier and profitable to have a long position. Year Ending..... PFE......% Chg . Date............. Price.....Prior Year....Comments 12/30/94......... 19.32.......12.0% 12/29/95..........31.50.......63.1% ......2-1 split (6/95) 12/30/96..........41.50.......31.7% 12/31/97..........74.56.......79.7% ......2-1 split (6/30/97) 12/31/98......... 125.00......67.6%......Viagra approved (3/27/98) You are also probably wise to stay away from Pharma investments. Some of the world's worst investors in biotech and pharma companies are physicians....too close to the products..... but not close enough to understand the industry, liabilities, regulations and marketing. As for Viagra, how about agreeing that you and I will always have different opinions about its use and potential? Time will tell who was right......probably within the next year. By the way, some of my favorite stocks besides the Big Pharmas are AOL, CSCO, and MSFT....real profit-making Internet plays. Best of luck with your investments...especially AOL! BigKNY3

To: Tunica Albuginea who wrote (6680)	1/12/1999 11:21:00 PM
From: Bradpalm1	Respond to of 9523

Tuna, I'm glad at least someone profited from that dog <g>. I'll never get rid of my PFE, however. You better watch out for the rebound....you might get burned once again. I agree with you about the 'nets and medicine. One's red hot while the other's dying. Such a shame. I got some shares of AOL several years ago when it was being pushed by Motley Fool and I'm the proud owner of DCLK since its IPO. You should also look at the oil and gas sector. These companies are beaten down and unloved....a great time to buy. Your old buddy, Bradpalm1