McKesson HBOC (MCK) Message Board

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Biotech / Medical : McKesson HBOC (MCK)

MCK 840.46

-0.4%

Jan 16 9:30 AM EST

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To: Joseph S. Lione who wrote (67)	4/30/1999 6:04:00 PM
From: John M. Gelnieau	Read Replies (2) of 165

Joe, I think that there is a 50/50 chance that more bad news could come out. As I look into it more, and consider the state of the overall enterprise software business, it seems plausable that HBOC could have been trying to manage up the numbers and they got caught. I listened closely to the conference call and I sensed that MCK management has a low level of confidence that all is now known. They could not say much obviously; but, I read into the tone of the call that they are real concerned about other findings. I still think MCK has a terrific strategy long term; however, I sure don't want to see a total debacle if what we have had already could be considered any less.

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