Sometimes people just get jealous of companies
that produce good products that are in demand.BD
happens to be one of those companies.When using sharp
objects, care is required.So at din din be extra careful
with that knife.
I agree almost fully with the previous post. Gary
Cohen has been "groomed" for the position of CEO for
the past several years via various assignments,
including having the responsibility for both all of BD's
European operations and one of BD's more successful
businesses (Sample Collection/ VACUTAINER Systems). If I'm
not mistaken, he has worked for BD since he finished
college some 20 years or so ago.
Looking to the
future, I urge all BD followers to look into BD's
"Project Genisis". If I'm not mistaken, it is an
unprecedented move in the history of corporate America to link
every aspect of the company into one unified
information system. This includes businesses, functions, and
regions. This project was spearheaded by new XVP Ed
I have the utmost faith in Becton Dickinson, and I
only wish that I invested in the Company
Best of luck to all of you.
If Cohen is on deck to be CEO, then we
shareholders will be very pleased for a long time to come.
After having the privelage to work with Gary for a
while when I was at BD, I realize that this company
will be in very good hands if Gary is next in line for
CEO. He is relatively young, but has sound ideas and
has great marketing savvy to take this company a long
way. In the past 5 years, BD has asked him to go
through plenty of cross-training in other disciplines
within the company (manufacturing, QA, research, etc. to
name a few) to round out his knowledge of the total
business and not just the marketing side of it. He has
definitley been groomed to be the successor. This guy is the
real thing and he is the kind of guy that looks
forward to new challenges and taking this company to
places it still has not traveled. We are in good hands
with Gary Cohen once he suceeds Clateo.
I'm confused. My friends at BD told me that
Ludwig and Cohen are not interested in the CEO position.
Is one of them truly next in line to run BD? Is
everyone just speculating or is there really a succesion
plan in place? We don't need any in-fighting right
I believe that the most recent stock split was
exactly two years ago. August 1996.Yours cost basis in
the total stock that you purchased has not changed.
If you bought 100 shares at $50 = $5000, you now
have 200 at $25 = $5000. The market price of the
shares is also cut in half. So, you won't be giving any
more to Uncle Sam than at any other time. So, I don't
understand your point regarding "to the point where one
couldn't sell".Happy investing to all
My memory is getting faulty with age, but I seem
to recall that BDX split 2/1 about 18 months ago. I
am not certain of the time frame. Does anyone recall
If that is so, then I would think that
the currently proposed split operates to reduce your
cost, on a split adjusted basis , to the point where
one couldn't sell. Otherwise, Your friendly
Government ( and mine ) would take the lion's share of the
A real dilemma. However, as an invesment,
this one is hard to beat.
Hang on, enjoy the
ride, and make many $$$ . . .
Bought in as a stock split play, but this baby is
a rock! May go longer. It is normal for insiders to
sell of a portion of their stocks to do other things.
Look at Paul Allen! Hey the wife may have wanted a
bigger house, and of course you can't park an old car in
front of the new house.
is more likely due to the need to diversify their
portfolio rather than raise money to exercise stock
Senior executives are more likely to swap shares already
owned to yield a net amount after paying of the shares
and paying taxes with the previously owned
With all the appreciation in BDX shares recently the
senior guys have to diversify their holdings.
The only individual that can make the market drop
300 points is Alan Greenspan and I don't think he
spends any time on these message boards!
are saying that that jerk Ralph Acampora's bearish
remarks made the market tank, but it should be noted that
the market was already down 200 points before he said
anything at all . The day before he was saying the Dow was
going to 10,000!
By the way, IMHO...I believe
that the insiders are selling their commons to raise
cash so that they can exercise their options and take
advantage of the huge runup this year. It's done this way
all the time and is nothing to be concerned about!