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


To: incomep who wrote (7569)4/30/1999 7:23:00 AM
From: BigKNY3  Read Replies (1) | Respond to of 9523
 
Incomep <<Then my calculation seems that Pfe just fair valued at current price.>

Inc: The fair value on any given day is the current price.

The question is what will be the future value during the time period in which you want to buy and then sell? One thing that is certain is that PFE will move up or down from the current price. The days in which PFE would stay at 30 and move 1/2 point over a 3 month period (1975-1980) are definitely over.

As a long-term PFE buyer and holder, I think the Peabody Model has been useful as a guide to determine when PFE has a higher probability of being undervalued as compared to historical price trends.

BigKNY3