bd has to realize that it needs to trim at the
top. until this is addressed the worker moral and
production will remain lower than it could be. bd is a
pretty good company but its management does not tap the
resources available to it. it is too hung up on the notion
that unless you have a bs degree you don't know
anything. the workers see what the problems are,but
management is slow to learn.due to this the stock price will
be slow to recover
that stock is starting to zoom again.....they
just absorbed alligiance, which deals in hospital
supplies distributions, and book keeping.....could bdx,
smell good to them? I hope a hope..
i don't like to
spread rumors, but, i think a dream is not so
There is always disgruntled employees posting on
the message boards. There was even an article about a
few cases of this happening last week in the Journal.
I think the company they were talking about was
Healthsouth. The slander got so bad that the CEO found himself
responding to the message board rumors at investor
functions. The company tracked down the folks posting the
rumors and found out one of them was the spouse of a
recently fired employee. I forget what the other message
poster's situation- it's a pretty good article.
Also, another reason they may be trashing their
employer is that they may have options that are going to
be priced soon. I would want them priced as low as
possible, wouldn't you. I doubt this is the case.
BDX is going to be under pressure near term here for
a while anyway. There is a large seller out there.
Fidelity funds owned 15% of the company according to their
filings from 3/31/99. Oppenheimer owned 8% on that same
date. It seems like one of these guys is blowing out of
this right now. I view this as a great long term
opportunity to get a high quality company at a fair price.
I work in a hospital and virtually everyone I
pass in the hallways is disgruntled. Big deal. Griping
on Yahoo is free. BDX has made the '100 Stocks to
Own' list in two books by the same name. Is it gonna
be 70 in two years? I'll be happy if it's 46-50.
Your post was informative and correct. I am a
relative new BDX DRIP investor (a year) but have invested
heavily in ABT for 15 years. I have seen ABT go through
many ups and downs for the years and for those that
hang in and keep investing we end up smiling. I agree
with you...pay no attention to disgruntled employee
postings. If he/she is so unhappy why don't they quit.
continue to buy BDX...and liked the little run-up today.
Maybe I am giving the wrong impression. What I am
trying to say is that there are some serious problems
with the leadership at bdx. To sugarcoat a problem is
not helping anyone including stockholders and
employees. Bdx is a good company with good people. It needs
major thinning in the ivory tower. We are losing very
good people to other company's due to the fact that
bdx management is out of touch with the best recource
it has..it's people. This will hurt us in the long
run. I have a good feeling that it is starting to be
realized among certain managers and they are trying to
change it by addressing it at thier level. I still
believe in bdx and it's potential growth but these things
must and should be addressed for the good of all.
Is there a problem with the communication lines
between the bottom and the top, and if so is there any
sign of the upper management correcting this
I've heard stories of managment structures that become
flawed over time due to the unrealistic expectations of
upper management. Some examples may be Sunbeam and
Lockheed Martin. The middle managers are pushed so hard to
come up with the right numbers that they start holding
bits of information back from the upper management.
This is a formula for a breakdown. Do you feel this is
what has happened at BDX?