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Biotech / Medical : Monsanto Co.
MTC 2.330-6.8%3:56 PM EST
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To: jopawa who wrote (728)12/4/1998 3:23:00 PM
From: Anthony Wong   of 2539
 
John, IMHO MRK is a trading buy here to hold until another run-up on Vioxx approval, after which I'll switch to anothr big pharma. Unless they have other potential blockbuster drugs coming out in 1999 and 2000, investor sentiment on MRK would turn negative when more and more of their drugs are near patent expiration (profit on those drugs would be cut in half and MRK won't be growing as fast as Pfizer and some other big pharmas).

Anthony
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