Recent

% | $
Quotes you view appear here for quick access.

McKesson Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • b_zerkley b_zerkley Mar 9, 1999 2:57 PM Flag

    Merrill Lynch report...

    Most likely suspect in the selling are
    institutions that formerly held HBOC. That's probably who's
    worried about MCK/HBOC (I came to MCK from HBOC myself
    and wouldn't be holding if not for
    MCK).

    Sometimes downward spirals simply feed on themselves...and
    until there's a selling climax (perhaps like last week)
    that takes out the last weak links, and the valuations
    become so appealing, the stock can't respond no matter
    who's recommending it.
    Dollar wise this is one of
    my 3 largest holdings (w/CSCO and AMGN) so it's
    disappointing to see this gross over reaction. However, if MCK
    hits earnings of $3.00 in FY2000 and $3.73 in calendar
    2000 with rising orders at HBOC, IMHO we'll see 100
    plus. However until a base is set, it's gut check time
    for us good guys. Personally I'm long thru 2000. Good
    investing.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
MCK
166.62+0.26(+0.16%)Sep 28 4:01 PMEDT