Tuesday, March 01, 2005
Cash reassure Mildred her MERCK stock is not lost…
Mildred,
The important thing to keep in mind after President's Day is not to lose patience. Trying to cash in on the pharmaceutical industry this time of the year can be tricky. We all know MERCK is going nowhere, but volatility doesn't always happen over night. It's like the saying, "ya go broke gradually, then suddenly." Well, MERCK will have its day soon enough. Trading volume is just going to be light for awhile.
Most bankers are just returning from four days of skiing in New Hampshire or out West (the Vice-Presidents go to Killington, the Managing Directors go to Vail).Those who went to Vail are haunted by Mr. Thompson's death rattle left on the kitchen table last Sunday. Those who went to New Hampshire are exhausted from enduring the 8 hours New York City crawl traffic back from the packed slopes. Sharing the slopes with Vassar, Barnard, Rutgers and every Big East School under the stars is not my idea of a good time. But what do I care? My racket days are over.
As a Vice-President on President's day, you share the slopes with beer drinking bad boys and their easy lay blonde sorority sidekicks (The sidekicks are nearly always named Paige). Though the bombshell sidekicks are easy on the eyes, this is little solace when the ski slope bar is five deep and all you can think about is how you're going to keep you job till bonus season.
From President's Day Weekend to the Indy 500 time trials, bankers do not rest. To them I say, "Enjoy President's day ye ole' Bankers!" It's the last paid vacation you may ever get. To you my dearest Mildred, I say: be patient. Once the bonus cheese is handed out to the rats, you will see some remarkable performances from our boys over at Merck.
Good or bad, it's just human nature.
In the meantime…
Affectionately,
Cash Frock
The important thing to keep in mind after President's Day is not to lose patience. Trying to cash in on the pharmaceutical industry this time of the year can be tricky. We all know MERCK is going nowhere, but volatility doesn't always happen over night. It's like the saying, "ya go broke gradually, then suddenly." Well, MERCK will have its day soon enough. Trading volume is just going to be light for awhile.
Most bankers are just returning from four days of skiing in New Hampshire or out West (the Vice-Presidents go to Killington, the Managing Directors go to Vail).Those who went to Vail are haunted by Mr. Thompson's death rattle left on the kitchen table last Sunday. Those who went to New Hampshire are exhausted from enduring the 8 hours New York City crawl traffic back from the packed slopes. Sharing the slopes with Vassar, Barnard, Rutgers and every Big East School under the stars is not my idea of a good time. But what do I care? My racket days are over.
As a Vice-President on President's day, you share the slopes with beer drinking bad boys and their easy lay blonde sorority sidekicks (The sidekicks are nearly always named Paige). Though the bombshell sidekicks are easy on the eyes, this is little solace when the ski slope bar is five deep and all you can think about is how you're going to keep you job till bonus season.
From President's Day Weekend to the Indy 500 time trials, bankers do not rest. To them I say, "Enjoy President's day ye ole' Bankers!" It's the last paid vacation you may ever get. To you my dearest Mildred, I say: be patient. Once the bonus cheese is handed out to the rats, you will see some remarkable performances from our boys over at Merck.
Good or bad, it's just human nature.
In the meantime…
Affectionately,
Cash Frock
# posted by DH @ 6:27 AM 
