BDX - Dominant Market Player In A Shrinking Market
Please tell me how BD is going to sell more of its products or even maintain its current sales estimates in 2009?
In today's new;
"Crozer-Keystone Health to cut 400 jobs
Crozer-Keystone Health System (Springfield, PA) is eliminating 400 jobs, starting this week, and is also discussing wage adjustments. Fewer than 400 people will be laid off because of a hiring freeze that has been in effect for several months. The system currently employs 7,000 people at five hospitals. The layoffs will include managers and non managers as well as union and nonunion workers. Crozer-Keystone cited a drop in revenue due to a decline in inpatient admissions and outpatient visits and an increase in patients who do not pay their bills."
As IVGURU, I use the this name to research trends and post questions. I study an unusual collapse I feel is inevitable and see if anyone can prove me wrong. I warn the innocent and answer questions. For those who have read my warnings, I'm okay with that and hope you buy plenty of this stock. Just don't use this board to damage others and artifically lift this company. I'm brave enough to offer a contrary opinion where others are mindlessly cheerleading this stock up with no real basis other than its a medical stock and have hope its refuge. I've supported all my statements with fact. See my early posts about industry awareness of MRSA accomplished by GeneOhm is damaging to BD's own routine needle sales.
AND THEN I log in as vanashingpoint then mindlessly support a syringe company that can't sell its syringe because its 3 times the cost, has no luer lock so it can't be used for anything except vaccine delivery.
My motive is that I’m your friend in regards to BDX. This link will explain better what I mean by a friend.