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Re: drbio45 post# 67376

Monday, 10/13/2008 9:22:15 PM

Monday, October 13, 2008 9:22:15 PM

Post# of 252496
>PFE – They shouldn't buy their own stock for the same reason. A better use of their cash is to buy a company that would be accretive to their earnings.<

At the current share price, PFE’s buying its own stock is
the most accretive move available.

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

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