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Replies to #67376 on Biotech Values
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DewDiligence

10/13/08 9:22 PM

#67378 RE: drbio45 #67376

>PFE – They shouldn't buy their own stock for the same reason. A better use of their cash is to buy a company that would be accretive to their earnings.<

At the current share price, PFE’s buying its own stock is
the most accretive move available.