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


To: Jim Lamb who wrote (6868)1/29/1999 1:02:00 PM
From: James  Respond to of 9523
 
Jim,

I am relatively new to PFE, and I am currently +11% in a very short time period.

The reason I bought in was for the pending split. Once the split does occur, my thoughts are that you will see a lot more smaller investor's get on board once the stock's price becomes lower, via the split. I foresee PFE at around $60 post split around mid-July.

You'll agree, well worth the wait. Have patience.

Regards, James



To: Jim Lamb who wrote (6868)1/29/1999 1:45:00 PM
From: Anthony Wong  Respond to of 9523
 
Jim, you've practically answered your own questions. As you said, you wanted to diversify your portfolio. I also own DELL but I consider my investment in pharmaceutical stocks to be the more conservative part of my portfolio. If you want more than a buy-and-hold approach with PFE, perhaps you can consider making use of Mr. Peabody's predictions of PFE peaks and valleys to trade the stock.

Regards.

Anthony