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Biotech / Medical : Monsanto Co.
MTC 2.7800.0%Jan 23 9:30 AM EST

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To: Dan Spillane who wrote (1774)3/22/1999 8:03:00 PM
From: Bindusagar Reddy  Read Replies (1) of 2539
 
Merril Lynch put out a positive report and DLJ raised estimates BUY rating and very positive comments. DLJ says that their Roundup sales for Q1 are better than expected. They raised their 1999 estimates to 1.00 from 80c and raised 2000 estimates to 1.40 from 1.20.

Merril Lynch praised the company referring to earlier than expected ANNUAL REPORT by Monsanto today posted on the WEB. He praised the company as they are executing their plan well in all the business segments. THE REPORT is available with pictures on WWW.MONSANTO.COM.

Merril report came at 5.30 EST and DLJ at 4.30 EST after market close. This should help the stock this week to push in to 50+.

BR
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