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


To: Nick who wrote (7455)4/19/1999 3:24:00 PM
From: VLAD  Read Replies (1) | Respond to of 9523
 
<<What's going on?>>

It's called reality in terms of valuation. With a 1999 forward earnings estimate of $2.45, a stock price of $86.00/share still gives you a forward PE of 35.



To: Nick who wrote (7455)4/19/1999 9:59:00 PM
From: BigKNY3  Respond to of 9523
 
Special Big Pharma Report: 4/19/99

Not a PFun day throughout Big Pharma or the growth companies.. Here's a special Big Pharma Scoreboard to survey the damage.

BigKNY3

________________________________________________________

-Only 3 Big Pharmas have held on to their 1999 gains with the April crunch. YTD Big Pharma is down 5.8% as compared to a 13.7% gain for the Dow.

-The leader AMGN once up 50%YTD is now up only 16.6%

-LLY with disappointing Prozac sales got walloped today (-11.5%) and dropped to the YTD cellar (-18.0%).

-Although it feels much worse, PFE is down only 5.7% YTD which is in line with the Big Pharma decline.

-The good news: absolutely nothing has changed at PFE from last Monday to today....except the PFE price and market momentum.

Big Pharma Scoreboard 4/19/99

. Price % Chg % Chg % Chg
Rank . 04/19/99 Day April YTD 1999
1 Amgen 60.94 -8.8% -18.6% 16.6%
2 J&J 90.25 -3.1% -3.5% 7.6%
3 Amer 59.75 -4.7% -8.4% 6.0%
4 Merck 73.13 -5.8% -8.7% -0.8%
5 Pharma 56.13 -4.6% -10.0% -0.9%
6 Abbott 47.56 -3.1% 1.6% -2.9%
7 Pfizer 117.94 -7.2% -14.9% -5.7%
8 Smith 62.75 -5.9% -12.2% -9.7%
9 Scher 48.50 -7.6% -12.2% -12.2%
10 Bristol 57.88 -5.7% -9.7% -13.5%
11 Glaxo 59.00 -2.9% -11.9% -15.1%
12 Warner 62.00 -8.0% -6.4% -17.5%
13 Lilly 72.88 -11.5% -14.3% -18.0%
Big Pharma 66.82 -6.2% -10.5% -5.8%

Dow 10,441 -0.5% 6.7% 13.7%
S&P 500 1,290 -2.2% 0.3% 5.0%
NASDAQ 2,346 -5.5% -4.6% 7.0%

News/chart/quote links to Big Pharma and ED stocks:

Yahoo! PFE News biz.yahoo.com

Five Day Chart of PFE versus the Dow quicken.com

A great PFE Stat Website dailystocks.com

Labpuppy.com Drug Stock Commentary (scroll down after opening) labpuppy.com

A New Investment Website Worth A Try
bridge.com


Big Pharma
Yahoo Link
quote.yahoo.com
Motley Fool Link
quote.fool.com

ED Stocks
Yahoo Link
quote.yahoo.com

Motley Fool Link
quote.fool.com

PFE Split Information

-On the April 22, 1999 Annual Meeting, PFE shareholders will officially approved an increase in authorized outstanding shares that will permit a 3-1 split.

-Following the Annual Meeeting, the PFE Board is scheduled to meet and announce the 3-1 split and its effective date....Expected to be following the June 30, 1999 close.