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Biotech / Medical : Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly)

PFE 24.31

-0.9%

3:59 PM EDT

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To: Sonki who wrote (1698)	3/7/2002 9:39:54 AM
From: John Carragher	Read Replies (1) of 1722

Sonki .. I haven't been over here in quite a long time.. I got a notice today from Merck mail order of price increases April !, it appears these changes are substantial... The excuse is cost of drugs but the drug store charges have been reduced to the point on generic drugs there is almost no difference in getting three refills, labor intensive at the drug store vs. going on line through merck automated filling system .. I understand the merck system is fully automated from order to shipping. Question folks... Is this the preparation to spin off the mail order part of Merck... Build the profits quickly and spin it off to the share holders as a separate company... It appears to me these increases are heavy and with no labor or operation cost increases it would fall to the bottom line. Is mrk a buy here. thanks John

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