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Strategies & Market Trends : Value Investing
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To: Jurgis Bekepuris who wrote (14195)3/31/2002 3:37:40 AM
From: Joan Osland Graffius  Read Replies (1) of 78704
 
LauA,

I have no idea where the street is going to let MRK base. Am selling covered calls on my initial position so it does not matter to me what they do with it. I like MRK's management plan - they do have partners and drugs in all phases of trials. What they are doing is building a marketing organization - planning on making it second to none. If the management is successful in this endeavor the company should be just fine. A close to monopoly position in the marketing drugs is attractive to me.

BTW, they recently put up a presentation on their site that communicates the vision of management. IMO, it is well done.

Joan
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