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Biotech / Medical : Merck -- Ignore unavailable to you. Want to Upgrade?


To: Sonki who wrote (1057)11/24/1998 11:33:00 AM
From: Anthony Wong  Respond to of 1580
 
Sonki, re. stock split, see the following excerpt from a Bloomberg article (seems it is Dec. 9 we should be looking at):

Vioxx and a similar drug from Monsanto Co., Celebrex, could
eventually have combined sales of $5 billion because they can
treat pain and inflammation without irritating the stomach,
analysts have said. Prospects for Vioxx have helped boost Merck's
share price in the past month, leading to speculation it might
announce a stock split at its Dec. 9 analyst meeting.


''It sure seems like they should,'' said Cynthia Beach, an
analyst with Gerard Klauer Mattison, who has a ''buy'' on Merck.
''They're overdue for one.''



To: Sonki who wrote (1057)11/24/1998 11:36:00 AM
From: Anthony Wong  Read Replies (4) | Respond to of 1580
 
Sonki, re. LLY, you should definitely look at it and buy on weakness (based on your charts), but fundamentally it is getting stronger: other than the reasons stated in your post, Evista sales picking up week after week.

I'm re-posting your LLY upgrade to the LLY thread.