Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: fletchb who wrote (26389)	2/3/2002 11:46:56 AM
From: Zeev Hed	Read Replies (2) of 99280

What do you think a business that has 3% margin will bring to MRK? The acquisition of Medco was strategic, to make sure MRK get's his "fair" share of the total of the RX market. Now they seem to be complaining that the market does not value their Pharmaceutical business correctly, but since 50% of the revenues bear such low margins, maybe the market knows what it is doing. Technically, the stock is still in a downtrend, so I am still staying away. Zeev

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