Merck Message Board - Msg: 4086203

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Biotech / Medical : Merck

MRK 101.30

-1.0%

2:56 PM EST

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To: John Carragher who wrote (709)	4/16/1998 1:21:00 PM
From: Rob L.	Read Replies (2) of 1580

The earnings report actually looked pretty good to me. Good revenue growth and rising margins. What were expectations? It looks like the price is trying to come down to bring the PE more in line with the growth rate. if that is the case we have some more donwside to go here. Already down over 5. Seems to be a pretty harsh overreaction to such a great company. Thoughts?

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