% | $
Quotes you view appear here for quick access.

McKesson Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • b_zerkley b_zerkley Apr 28, 1999 11:35 AM Flag

    Why were insiders buying

    This may be overdone, but unfortunately when
    management loses creditability, the company no longer gets
    to keep the BIG P/E. I doubt the existing management
    team can reverse this creditability gap. Someone needs
    to go quickly, or the P/E will drop to below the
    market's average. Probably will regardless unless analysts
    become convinced that this is an isolated occurence. I
    wish it wasn't so, but it is. I'm hoping for a bounce
    into the low 40's (probably foolishly so).

150.165-2.825(-1.85%)10:53 AMEST