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

To: Tom_ who wrote (61)	4/29/1999 2:30:00 PM
From: EL KABONG!!!	Respond to of 165

Tom, I suggest that you read the Value Line analysis dated 3/12/99 for McKesson. Their analyst makes a case for MCK very similar to yours. Though the numbers were slightly different, the reasoning was very similar. An update from Value Line regarding the impact of yesterday's announcement should prove interesting. Good luck on your decision. I hope it pays off big time for you. KJC

To: Tom_ who wrote (61)	4/29/1999 6:51:00 PM
From: John M. Gelnieau	Respond to of 165

Tom, Good analysis. I think that the market yesterday marked the whole thing to zero. How irrational when AMZN is telling folks get ready for a 3X of current quarterly loss going forward. And same dumba$$ analyst are telling folks to buy AMZN and leave MCK alone. My problem is that I am from the south and were a little slow so I having a hard time figuring this out. In the short run I figure that the downside is a lot less than the upside potential. One thing for sure we need to get a statement from MCK as soon as practicle. I do not expect to hear much until the auditors are finished looking into the books.

To: Tom_ who wrote (61)	4/30/1999 12:21:00 PM
From: Doug	Read Replies (1) \| Respond to of 165

Tom: I seemed to have missed something. The C Sales todate were a: 4th Q 99 ---$26.6m b: 1st Q00 ---$16m The gross shortfall publicly known is $42.6m. There are near 279m shares. MCK has stated that the short fall will be 50c to allow for the C sales and the reduction in future Sales. The total revenue shortfall due to C sales and reduction in sales during Y2K are in fact much greater viz near $150m. This might increase because some C sales swill have to be written off and also because Retailers and their clients seing them in trouble will badger them to lower their prices.