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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: John Carragher who wrote (52346)	11/3/2004 10:11:24 AM
From: Larry S.	Read Replies (2) of 53068

john, i have no current position or interest in MRK, but i have put it on my radar screen. with their huge cash position, high dividend yield, and liability insurance, this stock is approaching cheapness. probably in 3-9 months it will bottom SOMEWHERE. remember CD, remember TYC, all these stocks were killed and took a long time to settle and build a base. MRK should be in the same camp. but certainly no rush. the real winners in this investing game (other than balls of steel traders) are those who go against the conventional wisdom and mass stampede. larry

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