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Biotech / Medical : McKesson HBOC (MCK)
MCK 840.61-0.4%3:59 PM EST
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To: daaan who wrote (77)5/10/1999 3:16:00 AM
From: zebraspot  Read Replies (1) of 165
 
All the bad news, real and imagined, is already factored in - plus an extra large measure for self-doubt.
Those that bought way too high, and had too much confidence,
have --true to form-- now sold too low, and have too little confidence.

A big, strong multi-billion dollar company is not brought to its knees for long by digestion pains that no one will even remember a year from now.
Here comes a quick 50% retracement. That should take us to mid-$50's in a month or two (we're almost half way there in less than a week!).
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