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DewDiligence

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DewDiligence

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Re: DewDiligence post# 45574

Monday, 04/23/2007 3:54:19 AM

Monday, April 23, 2007 3:54:19 AM

Post# of 257257
ML not keen on the MEDI buyout:

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070423:MTFH94703_2...

>>
“It does little to address the weakness in the Phase-3 pipeline and exhausts the company's cash pile for share buybacks and product acquisitions,” Merrill Lynch analysts wrote in a research note.
<<

Here’s a simpler argument: AZN is simply paying too much.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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