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so, effect of PPACA on Merck stock price?

Prob much more of Merck revenue will depend on how well the company is run and the development or procurement of innovative pharmaceuticals than on any specific government agenda. There is ALWAYs howling about the pipeline and if the pipeline were a certainty, it would be baked into the stock price. The buy at 32 with a yield approaching 5% was one of the easier decisions I have made in investing - nice that things have spiffed up in 18 months - harder question if it is time to lock in profits and look for something else or just sit and enjoy the divvy.
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