Walgreens Boots Alliance Inc (WBA)

[wickedone]

Robb its difficult. The HIV patients are my bread and butter, however this morning I was speaking to a long time pharmacist who really isnt aggressive anymore. He told me he prefers doing the narc/controls because no insurance is involved (cash paid up front), low cost of goods, and people come to you every month (no delivery).

Just being a pharmacy in an inner city area will get you plenty of control business. We probably make at least 5K a month just on controls. I get rid of the guys who try and negotiate prices.

WAG put up some lofty expectations. They are banking on purchasing synergies. That is the number 1 reason they did this 20some billion dollar acquisition. Instead, they could have bought a PBM or something else, but they used up most of their fire power in this acquisition. I dont expect anymore major acquisitions for at least 5 years. CVS will back at least 100M shares which will help EPS and FCF as they will pay dividend back into the company.

CVS seems the smarter buy!