All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: wlheatmoon who wrote (5729)	2/1/2000 1:47:00 PM
From: wlheatmoon	Read Replies (1) of 42523

more stuff for you clowns to short. from thestreet.......coming Millions and Millions for Merrill Two weeks ago, I wrote about two new HOLDRs securities that Merrill Lynch (MER:NYSE - news) was planning to launch: Telecom HOLDRs (TTH:Amex) and Pharmaceutical HOLDRs (PPH:Amex). Well, they're here. These 20-stock baskets started trading on the American Stock Exchange today. On Monday, Merrill Lynch priced these two new HOLDRs securities, raising a combined $1.5 billion. Approximately $900 million was raised in Telecom HOLDRs and about $640 million in the Pharmaceutical HOLDRs. They joined a lineup that includes Internet HOLDRs (HHH:Amex - news) and Biotech HOLDRs (BBH:Amex - news) With HOLDRs pulling in billions of dollars, don't expect Merrill to stop at four.

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