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gtober

11/02/04 10:40 AM

#317460 RE: Zeev Hed #317457

Fundamentally, IMO, the time to play/buy MRK is when they slash the dividend. If at all. I think I'll pass on it. Too much litigation risk now.
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Burk

11/02/04 10:47 AM

#317469 RE: Zeev Hed #317457

Still looking for a retrench to only about 1940 or so following a possible top near 2025 or so, Zeev? Thanks.
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semi_infinite

11/02/04 12:42 PM

#317570 RE: Zeev Hed #317457

MRK - what a disaster. I sold at the opening yesterday and wrote calls all the way down and chalk it up as an expensive education. Figure 25K cases with life minus life-expectancy and I come up with about the same number (>$12B) as one of the analyst quoted in the press. $25 FV maybe.