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Biotech / Medical : Monsanto Co.

MTC 2.305

+9.2%

Nov 21 9:30 AM EST

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To: Dan Spillane who wrote (516)	11/11/1998 8:57:00 PM
From: Anthony Wong	Read Replies (1) of 2539

Dan, you're right on! See the following excerpt from the Drug Stock Commentary at labpuppy.com (which, BTW, is worth bookmarking as it's got interesting perspective on drug stocks): 11/11/98 Merck (MRK) dropped 2% today because it did not provide any endoscopic data (for ulcers) on Vioxx at the American College of Rheumatology meeting today. Investors were disappointed because they feared that something might be amiss since the company had provided six-month safety data earlier in Europe. Hopefully this safety data will be presented at Merck's December 9th analyst meeting. labpuppy.com

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