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Biotech / Medical : McKesson HBOC (MCK) -- Ignore unavailable to you. Want to Upgrade?

To: Tony van Werkhooven who wrote (58)	4/29/1999 12:13:00 PM
From: Bob Howarth	Read Replies (1) \| Respond to of 165

Anyone know what MCK would be worth if HBOC was valued at 0? That is, if merger never took place at all? Thanks in advance.

To: Tony van Werkhooven who wrote (58)	4/29/1999 12:42:00 PM
From: Rob Pierce	Read Replies (1) \| Respond to of 165

Class action suits are no surprise with a drop like this. Probably won't matter other than the legal costs. I watched Ceridian (CEN) tank last year after mgmt. killed an $100M payroll product they'd had in development for more than a year. Up to a week before they killed it mgmt. was saying the beta tests were going great, and was still slated to replace the existing payroll product. Suits in response to that drop recently were dismissed, and frankly I consider Ceridian's mgmt. behavior far more misleading than what we're looking at here. So I wouldn't sweat the suits. The lawyers'll run MCK into court where the suits will eventually get dismissed. RP