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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (1969)10/28/2001 11:04:47 PM
From: waverider  Respond to of 99280
 
Thanks Zeev. That is making sense. Since MRK is a classic growth company with products that do not have cycles (assuming patents will continue to roll out), it is a conservative play that can be compared somewhat to what you are discussing. Of course entry price has a lot to do with it. Since the dividend is currently around 2%, it isn't a bad alternative to current money markets.

Speaking of an entry point...it appears at the moment MRK is in a slight downtrend (currently downtrend line at $70). May be looking to retest the lower $60's?
Would appreciate your take.

Thanks,
wr



To: Zeev Hed who wrote (1969)10/29/2001 12:31:02 AM
From: Night Trader  Read Replies (2) | Respond to of 99280
 
Zeev,

But surely you don't compare earnings yield with 3 month treasuries. 10 year bonds yielding 4.6% and 30 year yielding 5.35% are a better measure of the alternative to stocks.



To: Zeev Hed who wrote (1969)6/22/2002 11:31:07 PM
From: Mark Johnson  Read Replies (1) | Respond to of 99280
 
<<Since MRK is still growing at more than 10%, it is a steal at a PE which is twice the rate of return on short term instruments>>

Zeev: Back in Oct. you liked MRK at $65.....Do you still like it here at $45......and ohhhh ahhh...how do you like your crow served......?.......