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To: SJS who wrote (8106)	4/11/1999 11:22:00 AM
From: The Ox	Respond to of 14427

I haven't followed PFE closely enough to feel comfortable trading it. This initial buy is for the long haul, 2+ years and probably longer then that. Baby boomers will be buying a lot of drugs for the next 20 years or so as their population ages. People are living longer, which should also bode well for the big pharms. PFE is pricey, no doubt about it and I could see a scenario play out where I have to wait for PFE to appreciate. At the same time, I'm not expecting that situation to happen but I'm aware that there's a chance of it occurring. I may trade PFE in the future as I become a bit more aware of the industry and how the stock reacts to various types of news. Off to a very good start. I'm spoiled already! Michael