Pfizer will need to layoff more employees. The sales force layoffs are only the start.Pfizer needs to get down to ~60,000 employees. Many more to see the door. Pfizer will use the funds from the animal health IPO and the saving from layoffs to paid down debt. Pfizer will buy back more shares and call in bonds floated to buy Wyeth.
IPO + layoffs = $$$ = paid down debt = soaring pps.
Pfizer should punch through $30 easily
All in my opinion.....Blue