Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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To: Bill Wexler who wrote (412)	10/9/2004 10:45:28 AM
From: Hank	Read Replies (3) of 6370

MRK to zero? That would indeed be very bad, not only for MRK, but the market as a whole. I can't recall ever seeing a DOW stock go belly up, especially a company like MRK who is known for being an industry powerhouse. I don't see them going bankrupt. I haven't checked the balance sheets yet but I imagine they must have a fair amount of cash. This situation reminds me of the tobacco controversy, yet the tobacco companies survived and I expcet MRK will too. However, I'm not willing to bet money on it YET. The whole pharmaceutical industry is going to remain under pressure until after the election.

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