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DewDiligence

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Re: jq1234 post# 160561

Tuesday, 04/30/2013 8:31:48 PM

Tuesday, April 30, 2013 8:31:48 PM

Post# of 257580
Prevnar had inventory destocking:

http://finance.yahoo.com/news/pfizers-ceo-discusses-q1-2013-165608862.html

…our first quarter was impacted by some inventory differences compared to the first quarter last year primarily with the CDC purchases, some stockpile purchased last year in the first quarter, and even in the private market we saw slightly lower inventories in the first quarter this year compared to the first quarter last year, that will probably even out as we go through the year.

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

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