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Re: corpstrat post# 74429

Friday, 03/13/2009 6:52:06 PM

Friday, March 13, 2009 6:52:06 PM

Post# of 257660

MRK …to go after merger cost cuts as a way of boosting earnings for a short while.

I do not get your point. The lower cost structure and the increased return on equity from leveraging the balance sheet are permanent, not temporary.

you have not responded to the point that it makes their high profit margins even less defensible.

I’m not sure what you mean. Please restate your point so I can respond to it.


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