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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (18049)4/19/1998 8:14:00 PM
From: Nancy  Read Replies (1) | Respond to of 50167
 
lisa,

fundamentally, mrk is not very strong in terms of new drugs in the pipeline, while they do have new drugs coming out, none of them has potential of a killer drug a la wla's lipitor or pfe's viagra.
wla's lipitor continuously takes market shares from mrk's older cholestrol control drug. (forgot the name)

giving current mkt environment though, mrk probably wont fall too far for these reasons :

relative cheap valuation in the group
stock has virtually only gained 20 % since jan 97, not much air in it.
a dow stocks (could soon become a dow dog that when those dow dog ports come into quarterly rotation, they might pick up mrk)

it probably would just drift.