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Replies to #97975 on Biotech Values
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jbog

06/29/10 12:25 AM

#97980 RE: DewDiligence #97975

Dew,

Merck has shown us time and time again that it has such a huge piggybank (of waste) that it can just turn off the waste spigot and control earnings.

While the top-line is important, many of these guys would prefer to waste the proceeds rather than raise the ire of the public.

I'm not bashing Pfe, but if there was ever a pharma that was too big to be efficient it's them.