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

To: BigKNY3 who wrote (7594)	5/5/1999 8:44:00 AM
From: BigKNY3	Read Replies (2) \| Respond to of 9523

Yesterday was the day? BigKNY3 Tuesday 5/04/99 <<Today should be a great indicator of the short-term PFE trend. If PFE continues to move up from yesterday's reversal, I expect a new Valley to Peak run heading to the 130s. However, if profit-taking returns, PFE could drop to 110 within a week. >> Here is a summary of yesterday's action with the Dow down 129. Last Price: 114 3/16 at 17:01 Change: Down 2 1/4 (-1.93%) High: 118 at 9:39 Rally attempt at opening Low: 113 3/4 at 15:53 A bounce at the pending Valley Open: 116 1/2 Previous Close: 116 7/16 on 5/3 Volume: 4,128,800 Moderate volume 30-Day Avg. Volume: 4,296,000 Shares Outstanding: 1,293,175,000 52-Week High: 150.12 52-Week Low: 86 Beta: 0.93 Yield: 0.70% P/E Ratio: 43.3 EPS: 2.64 Discussion: Not a great day for PFE if you wanted an immediate-term reversal. Weak market certainly did not help. The good news was the Valley (113.63) held at the close. It looks like to will have a battle at the Valley 110-114 before the move up. A positive indicator would be a strong PFE gain of 3+ points in a strong market. Have Pfun! BigKNY3