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Becton, Dickinson and Company Message Board

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  • jrald_us jrald_us Mar 26, 2000 11:14 PM Flag

    watching e-mail

    The Lincoln, Nebraska Journal Star
    ( ran an AP story on 3/23 announcing a $30 million
    state tax incentive package for a proposed $146 million
    plant expansion and creation of 287 new jobs at the BD
    Columbus plant. The next day, the stock dropped to $28
    while the market rose. Makes no sense. The Columbus
    plant is the flagship mfg. plant for needles and some
    syringe sizes, and is the location where new products
    (i.e. safety products) are initially produced. I am a
    former employee, and a significant part of my retirement
    account is BD stock. Top management may have made some
    mistakes, but they have also done a lot to create the
    demand for the new safety products. Since BD owns the
    market for syringes and needles, this is the best area
    for domestic growth. They are clearly interested more
    in the long term health of the company than in
    short-term market manipulation. That's just fine with me.

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