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DewDiligence

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DewDiligence

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Re: DewDiligence post# 103853

Friday, 09/10/2010 12:58:28 AM

Friday, September 10, 2010 12:58:28 AM

Post# of 257580
An analyst opines on 3M’s recent dealmaking:

http://online.wsj.com/article/SB10001424052748704644404575481460361839040.html

“When you're acquiring companies that are faster-growing than 3M's averages, you'll boost those averages,” said Ajay Kejriwal, an analyst with brokerage firm FBR Capital Markets.

Duh.

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

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