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

To: TDAVISW who wrote (7366)	4/11/1999 10:33:00 AM
From: BigKNY3	Respond to of 9523

Financial Stocks Picked by Morgan Stanley's Wien on 'Rukeyser' Owings Mills, Maryland, April 9 (Bloomberg) -- Citigroup Inc. and First Union Corp. are among the financial services companies recommended by Byron Wien, Morgan Stanley Dean Witter's chief U.S. portfolio analyst, on Public Broadcasting System's ''Wall Street Week with Louis Rukeyser.'' Wien termed himself a ''nervous bull'' about the U.S. stock markets as the Dow Jones Industrial Average trades above 10,000. Financial stocks, some Internet-related issues and telecommunications stocks may do well in coming months, he said. ''I think the market is probably going higher, but it's going to have trouble making progress from here,'' said Wien, noting that only a few stocks are driving markets higher. He said some material stocks such as papers, chemicals, aluminum and copper may also be good investments in coming months. Wien also recommended American Express Co. Among Internet-related issues, he mentioned Cisco Systems Inc., Intel Corp. and Microsoft Corp. Other stocks such as MCI WorldCom Inc., Time Warner Inc. and Clear Channel Communications Inc. might warrant investor study, Wien said. He said he is apprehensive about some Internet stocks such as America Online Inc. and Amazon.com Inc. because of their high valuations. Some large multinationals also may have trouble delivering fundamental performance, including Coca-Cola Co. and Gillette Co., Wien said. Panelists appearing on Rukeyser generally agreed Compaq Computer Corp.'s first-quarter warning may drag down personal computer makers when markets open Monday. Compaq said after the market closed that it expects earnings of 15 cents a share, lower than the 31 cents analysts expected, because of falling prices and demand. The panelists agreed Compaq may be a buy if its shares tumble far enough. Alan Bond, president of Bond, Procope Capital Management, said the company's shares are worth buying under 30. Barbara Marcin, a Citibank senior portfolio manager, said paper and chemical stocks may warrant a look as the global economy improves. Marcin said she also likes the newspaper sector. Gap Inc. and Pfizer were among stock picks mentioned by John Kim, Aeltus Investment Management Inc. president. Apr/09/1999 23:38

To: TDAVISW who wrote (7366)	4/11/1999 10:38:00 AM
From: BigKNY3	Respond to of 9523

The Street.com on Big Pharma 4/9/99. thestreet.com BigKNY3

To: TDAVISW who wrote (7366)	4/11/1999 10:49:00 AM
From: BigKNY3	Read Replies (1) \| Respond to of 9523

Viagra Seen Available In Singapore From April 19 -Newspaper SINGAPORE (AP)--The anti-impotence drug Viagra will be available by prescription in Singapore starting April 19, a newspaper reported Sunday. Eager patients have already reserved prescriptions for the U.S.-made drug with their doctors, The Straits Times newspaper said. Men from other Asian countries were also reportedly waiting to buy the pills through doctors in Singapore, whose modern facilities attract well-to-do patients from less-developed countries in the region. Singapore would be "competing for supply with countries like Taiwan and Malaysia," Michael Khor, the Singapore marketing director for Viagra manufacturer Pfizer (PFE), reportedly told the newspaper. But he added that the first shipment of the drug to Singapore would likely meet current needs. Pfizer earlier agreed to comply with Health Ministry conditions for the sale of the drug in the tightly-regulated island republic. Viagra sold in Singapore must come with an extra warning pamphlet for patients, in addition to the standard pamphlet meant for doctors. Doctors are also restricted to prescribing a maximum of 12 pills per month to each patient. The blockbuster drug, which had sales of about $788 million last year, has been linked to several deaths in the United States. Men who take some heart medications, and those with certain eye conditions, are often warned of possible complications arising from Viagra use.