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To: bobby is sleepless in seattle who wrote (98954)5/23/2000 10:11:00 AM
From: puborectalis  Respond to of 120523
 
O.T. Doctors boycott Merck in antitrust fight - NY Times

NEW YORK, May 23 (Reuters) - Doctors across the United States have been boycotting
drugs made by Merck & Co Inc. (NYSE:MRK - news) in a bitter fight over the collective
bargaining rights of physicians, pharmacists, and other health care professionals, the New
York Times reported Tuesday.

The boycott, by hundreds of doctors, was called several weeks ago by leaders of the Federation of Physicians and Dentists, a
labour union, which says it is punishing Merck for its position on legislation pending in U.S. Congress.

The doctors are demanding that Merck drop its opposition to a bill that, by granting an antitrust waiver, would make it much
easier for physicians, pharmacists and other professionals in health care to band together to negotiate collectively with health
insurance plans and health maintenance organisations over fees and contract terms.

The New York Times reported that some Merck employees said the boycott generated a noticeable effect on sales, but a
company spokesman declined to discuss sales figures.

Merck has a subsidiary, Merck-Medco, that manages drug benefits for about 52 million people.

Neither the U.S. House or Senate has voted on the bill, which is opposed by several major health insurers and the U.S. Justice
Department and supported by the American Medical Association.



To: bobby is sleepless in seattle who wrote (98954)5/23/2000 10:47:00 AM
From: bobby is sleepless in seattle  Respond to of 120523
 
ndx came down to 3190 level and bounced for a tease, only to drop near 3150 (somewhat doji on the 5 minute), now we're back thru the ceiling of 3190...

come on now, let's get this mutha green, hate seeing red...what the heck, what do traders care????...