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Biotech / Medical : Merck
MRK 108.23-0.9%Jan 13 3:59 PM EST
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To: John Carragher who wrote (485)1/20/1998 9:42:00 PM
From: Bruce Russell  Read Replies (1) of 1580
 
Nice move, All time high, closed near the high. It looks like Merck might be able maintain 20% earnings growth, increase research spending to the max, and buy back stock to cushion earnings impact of patent expirations.
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