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DewDiligence

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DewDiligence

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Re: jbog post# 116885

Wednesday, 03/23/2011 5:00:11 PM

Wednesday, March 23, 2011 5:00:11 PM

Post# of 253074
That’s true, jbog—the bulk of GILD’s cash resides in ex-US subsidiaries. Still, GILD has more than enough US-based cash to fund day to day operations, so the new raise does suggest that something might be going on with M&A.

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

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