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

To: Nick who wrote (7378)	4/12/1999 11:43:00 PM
From: BigKNY3	Read Replies (1) \| Respond to of 9523

The PFE Split: All you need to know -At the 4/22/99 Annual Meeting, shareholders will officially authorize increasing the number of outstanding shares to allow a 3-1 split. -In the afternoon of 4/22/99, the PFE Board of Directors will meet and formally approve the 3-1 split and determine its effective date. -The effective split date will probably be following the June 30, 1999 close..(based on the 1997 split which also became effective after the 1997 Annual Meeting.) -A split does not increase the value of PFE. However, historically it certainly has not hurt the PFE price . Note PFE's growth during the split years: Year Ending..... Dow ........PFE......% Chg . Date................ Index.......Price.....Prior Year....Comments 12/31/87...........1,896........5.82......-25.0%....... Bear market/market crash 12/30/88...........2,169........7.25.......24.7% 12/29/89........... 2,753.......8.69......19.9% 12/31/90............2,634.......10.10.....16.2% 12/31/91............3,168.......21.00.......108.0%.....2-1 split (2/91) 12/31/92.......... 3,301.......18.13......-13.7%......Clinton elected president 12/31/93......... ..3,754........17.25.......-4.8%.......Healthcare reform pending 12/30/94......... ..3,844........19.32.......12.0% 12/29/95............5,177........31.50.......63.1% ......2-1 split (6/95) 12/30/96............6,448........41.50.......31.7% 12/31/97............7,908........74.56.......79.7% ......2-1 split (6/30/97) 12/31/98......... ..9,181........125.00......67.6%......Viagra approved (3/27/98) 04/12/99............10,340......150.13......20.1%.....Celebrex launched (1/19/99) Have PFun! BigKNY3 PS Mr. Peabody celebrating a new PFE High marimba.com