Merck Message Board - Msg: 5286048

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Biotech / Medical : Merck

MRK 105.68

-0.4%

1:05 PM EST

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To: TokyoMex who wrote (952)	7/23/1998 7:33:00 AM
From: Rob L.	Read Replies (2) of 1580

I think the last sentence of this voluminous post says it all. Long term, this company is a great buy. This guy was probably telling people to sell when the health care fiasco kicked in several years ago. I bought then and I have continued to buy and it has rewarded me handsomely. Too much short term thinking in that post. Merck is and has always been the kind of stock that you, buy, hold and sell when you want to put your kids through college. It's a world class company with world class management and those that buy and hold will be rewarded (IMO) in time. The selling that is occurring right now is just profit taking. They missed the estimate due to foreign exchange fluctuations, nothing more. Market used it as an excuse to take profits (IMO). Look at Merck's performance over the past year, can't complain about that! In addition, MRK has periods where it pulls back and pulls back sharply. Consider it a good entry point.

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