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


To: Edscharp who wrote (1584)3/11/1999 4:24:00 PM
From: Anthony Wong  Respond to of 2539
 
Edward, would there be anti-trust concerns should DD invest in MTC? We may know more about DD's intentions and future directions tomorrow during their analyst meeting.

Any comment on today's trading? Up $2 when I last looked. Merrill Lynch's 2-2 rating is in fact quite bullish for the stock. I hardly expect them to start with a 1-1 rating. Their prescription trend report every Monday had already indicated a strong trend for Celebrex a few weeks ago, but they focused on PFE instead of on MTC then (I am referring to their report "Celebrex- Strong Out of the Box"). There were large blocks going through during the past 2 weeks while the stock was consolidating, and again today a huge block went through at 3:28 on 1/2 uptick. Accumulation is really under way. If we can work through the voerhead resistance at $49, we would see the mid-50's pretty soon.

MTC - NYSE
MONSANTO CO.
Last trade NYSE: +2 at 49 on 1/2 uptick
Trade vol: 333,000 = 9.7% ttl vol= 0.1% shrs out
Ttl blk vol: 1,734,300 = 50.7% ttl vol= 0.3% shrs out
Avg blk vol: 1,377,408 = 41.2% avg daily vol
Ttl vol: 3,420,900 = 102.3% avg daily vol
Avg daily vol: 3,344,192 / Prev day +1 on 1,521,400
(END) DOW JONES NEWS 03-11-99
03:28 PM



To: Edscharp who wrote (1584)3/11/1999 4:40:00 PM
From: Dan Spillane  Read Replies (1) | Respond to of 2539
 
(Dow Jones Online) Study Shows U.K. Companies Have Lower Understanding Of The Internet

Dow Jones Online News, Wednesday, March 10, 1999 at 15:37
LONDON -(Dow Jones)- The U.K.'s Institute of Directors and software
company Oracle said Wednesday a study they sponsored raises up questions
about the ability of U.K. companies to compete in the world of
electronic commerce.
They said the study shows U.K. companies lag their European
counterparts in understanding the Internet, and that U.K. business
leaders aren't worried by the threat of competition via the Internet
from Europe or elsewhere.
The study, sponsored by Oracle (ORCL) and the Institute Of Directors
and conducted by the Bathwick Group, surveyed 500 board directors in 11
European countries and the U.S. about the opportunities and threats of
the Internet.
It showed less than 4% of U.K. businesses believe the cost of doing
business could be cut by the Internet, compared with 15% of U.S.
companies, 18% of Swedish companies and 30% of Finnish companies. In
contrast, a recent U.K. Department of Trade and Industry, or DTI, paper
on the digital economy indicates the Internet is being used to generate
savings throughout the supply chain, by giving companies access to a
global pool of suppliers.
Less than 2% of U.K. respondents were worried about competition from
companies using the Internet, compared with 14% of U.S. companies, 23%
of Norwegian companies and 17% of German companies.
The DTI paper published late last year, however, didn't paint as poor
a picture. It concluded while the U.K. was behind world leaders in the
e-commerce stakes after a relatively late start, it was catching up.
In fact, it showed while the U.K. was behind the U.S. in the use of
the internet for commercial transactions, it was on a par with Germany
and Japan and ahead of France
Copyright (c) 1999 Dow Jones & Company, Inc.
All Rights Reserved.