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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 35.75+3.6%Nov 24 3:59 PM EST

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To: Sonki who wrote (19347)5/1/1998 1:00:00 PM
From: Sonny McWilliams  Read Replies (2) of 27012
 
Hi Sonki. Merck. Just in case you are worried. I have not been able to find out yet why Merck is down like this despite the DOW being up. There is still all this talk about Merck losing drugs to patents expiring. But Merck has plenty things in the pipeline that should offset this and there is talk about a 3:1 split again later this year.

I will put the article on in which Merck discusses their pipeline. There is no important news I have been receiving today but I am sure something will be said with Merck down 5 points again.

biz.yahoo.com

I also discussed the other day that Merck is coming out with a blockbuster pain killer drug that will be better to stomach.

There is this new drug coming out by a company, can't think of the name right now, that would replace a lot of the Morphine use. It will not have the side effects that Morphine has. Alert wise. Maybe that has something to do with the action in Merck today. But I am not worried about Merck. Like I said earlier: Volatile market. Drugs have been named again as defensive should the market retreat. I guess we will find out.

Sonny

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