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Biotech / Medical : Merck
MRK 106.66-0.1%Dec 29 3:59 PM EST
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To: Nick who wrote (974)7/28/1998 4:53:00 PM
From: Exacctnt  Read Replies (1) of 1580
 
Nick, Looks like Merck is finding a use for its upcoming increases in cash with a stock buyback and a 20% increase in the dividend. It might be an indication that they are not going to go on a buying spree and prefer to base future growth on inhouse development.

Regards,
Bob
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