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Biotech / Medical : Merck
MRK 101.07-0.8%Dec 2 3:59 PM EST
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To: Rob L. who wrote (698)4/15/1998 4:21:00 PM
From: Brian Malloy  Read Replies (1) of 1580
 
I'd say that weakness in the drugs this weak is in part due to some rotation into tech, internet, and telecom related issues. The drugs have had a great run, and are taking a well deserved rest while people wait to see what the scripts are looking like. This quarters earnings are almost a non event, MRK will be in line with consenses estimates.

IMHO
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