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Replies to #63209 on Biotech Values
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DewDiligence

06/04/08 6:20 PM

#63211 RE: acgood #63209

>couldn't Pfizer use their foreign cash to fund stock buybacks on foreign exchanges, leaving the US cash to cover the dividend?<

Yes––in theory. The problem is that not enough shares are traded outside the US for this to be practical.