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Biotech / Medical : Merck
MRK 106.66-0.1%3:59 PM EST

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To: John Carragher who wrote (976)7/29/1998 9:27:00 AM
From: swedelo  Read Replies (1) of 1580
 
inre: stock buy back,

I saw this coming, unfortunately a day to late, after Merck went out of its way to step all over itself in its earnings CC with analysts. Merck knows how good it is.....Just wanted to get price down. You can buy a hell of a lot more stock at 125 than at 145. Pure manipulation. Just wondering how much they have already purchased now that they have announced. Next prediction------->Once they get all they want look for announcement of 3 for 1 stock split.
Swedelo
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