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MCK status report March 2000
McKesson HBOC status:
Shares Held: 16
Date Purchased: 13 Jan 99 (merger with HBOC)
HPD paid: $74.0569 (average)
Currently Trading: $19 1/16 @ 4:00 pm EST, 22-Mar 2000
Percentage Gain/ Loss: -77.26%
Annualized Return/ Loss: -68.06 % (using the merger date)
Strong Buy 2
Moderate Buy 2
Moderate Sell 0
In the news...
A really depressing article on Yahoo Finance about how companies with
accounting irregularites don't recover. You can read this one by James J.
Cramer at http://biz.yahoo.com/ts/000322/wrong_000322.html. To quote the
author "Accounting Irregularities=Sell."
MCK just announced that Kevin Swan will be the new group president of their
Supply Management Business. Maybe this guy can bring some much needed magic
See ya Sunday at Al's right?