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Biotech / Medical : Merck
MRK 106.09-0.5%Dec 30 3:59 PM EST

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To: TokyoMex who wrote (952)7/23/1998 11:10:00 AM
From: aknahow  Read Replies (1) of 1580
 
You probably have seen todays article by JJCramer on TSC at thestreet.com

Wrong! Rear Echelon Revelations: Cramer Dissects
Merck's Drop

By James J. Cramer
7/23/98 7:32 AM ET

Let's step back for a second from the battleground, and remember what causes a stock
to go down. You old-timers stop yawning. Everybody forgets this stuff all of the time,
anyway. It's time for a complicated explanation to simple price movements.

The stock in question is Merck (MRK:NYSE). Here is a company that has lost
billions in shareholder value in two days. Was that wrong? Can we make some sense
of it?

TSC is a great buy at less than $70 per year for daily insights of value. Free trial available.
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