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Replies to #67313 on Biotech Values
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DewDiligence

10/11/08 11:10 AM

#67315 RE: bladerunner1717 #67313

>Do you think PFE is a buy here?<

If it hasn’t already bottomed, it must be close; however, I don’t see any strong catalysts for a sharp upturn absent a change in philosophy from management.

I think PFE needs to aggressively buy back shares to exploit the under-leveraged balance sheet. Having a fat dividend is nice but they can and should do more, IMO.