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Biotech / Medical : Merck
MRK 105.05+0.3%Dec 23 3:59 PM EST

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To: David C. Burns who wrote (1025)11/10/1998 8:19:00 PM
From: HoyaBob  Read Replies (1) of 1580
 
SPLIT MRK: Right Line Split Report says "... our target date for a possible stock split on MRK is Tuesday, November 24th, the date of MRK next Board meeting ... (This week) the American College of Rheumatology will be holding their annual meeting and the highlight will be the release of late stage clinical trials for MRK's Vioxx ... Another reason MRK broke to the upside last week was once MRK broke over its previous highs/strong resistance of 139 many shorts were forced to cover. that's the beauty of a short squeeze at work. You gotta love it. Food for thought. Think I'll buy a few hundred since momentum has returned to this Cadillac.
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