Walgreen Co. Message Board
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Quick Summary synopsis?
Why is WAG down?
Is it a continuation of Express Scripts?
Did Express Scripts strong revenue make people
think they don't need WAG?-
No, These are the Velvet ropes big.yank explained to us simple folks.
Now for a show like this, Expect to pay more than your run of the mill Pharmacy.
Compliance...NO PROBLEM!!! -
WAG BOD meeting?
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Yup, noticed that the clinic and optioncare count is shrinking and the only growth seems to be in store count. If this is the healthcare scenario for the future as
Walgreens has preached it's outcome seems to be heading in the same direction as so many other company initiatives. -
IMHO, the guidance from ESRX clearly predicted a 95% retention of the Walgreens-served business, come January 1st. This appears to affirm the apprehensive stance originally put forth by Barclays as a potentially negative outcome for WAG S/P. Sorry, but most of the earlier discussion on this board was deleted(?) that commented on this issue.
GLTA,
Yank- 2 Replies to big.yank
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I think, if I needed to borrow $14 billion to make an acquisition, I too would offer up an optimistic evaluation of my future revenues. There is plenty of time to re-evaluate when the deal has been determined one way or the other.
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A Name for the Walgreens strategy?
Suggestions welcome.
1) Jihad
2) Kamikaze strike
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Express Scripts:
“The Company expects client retention, based on prescription volume, to be greater than 97%,” it said.
WAG
Walgreen has said it would lose $5.3 billion in annual revenue by parting with Express Scripts.
This means less traffic go to Walgreens to buy the other expensive high mark up items when they fill their prescriptions.
Basically ESRX is saying they do not need WAG and I'm not sure the reverse is true.
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