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Rite Aid Corporation Message Board

  • HUNG_but_BENT HUNG_but_BENT Sep 23, 1999 12:01 PM Flag

    SOMETHING VERY STRANGE ...

    Stock not loosing money, yet is selling LOWER
    than BOOK VALUE ... Now RAD becomes a real VALUE PLAY
    ... This panick selling is really a fire sale with no
    fire !!! ... On top of that you get a 4+% on a GROWTH
    STOCK ... I'm pounding the p!ss out of RAD and buying
    all I can ... Thank You Sellers for my early
    Christmas Gift ...

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • All states have contracts with pharmacy's to
      guarantee lower prices, and preffered drugs. NY is no
      different, and if RAD is going into the crapper, they may
      need to look at options. There are some parts of the
      country where CVS employee's would need to go to a RAD,
      But not in NY.... This awful situation exists only
      where CVS is not open.

      Example would be if cvs
      SENT An advance team to a new market (FLORIDA), and
      have no open stores. In this case Eckerd is the only
      place to fill a script, unless they can wait a few days
      and order on-line!!!

    • <EOM>

    • You are the sorriest sack of shit I've come
      across in a long time. You must have trouble sitting
      down after getting fucked in the ass by the world so
      many times.

      Why not go to Atlantic City, play
      the nickel slots and wait for death to arrive. I'm
      sure you'll be dead and lying unclaimed in a public
      morgue well before your pension runs out. If you keep
      playing the market, well, I don't know what will happen
      to you.

      By the way, you have claimed to buy
      RAD at 16.80 and 11.80. Are you trading on an
      exchange that has already moved to decimal pricing. Or are
      you saying you bought at 16 51/64 and 11 51/64. Or
      are you just a senile, incontinent old
      man.

      See you in Hell Bellotti/SANDJUDO!

    • S Beck is my real name. Unlike some of the morons
      on this board I have nothing to hide. I am an
      investor not a trader. I originally bought rad because I
      think they got PCS for a steal. I am convinced that
      this is the wave of the future. Cost pressures cont to
      mount on pharmaceuticals and direct mail is becoming
      mandatory for many patients for their maintenance
      prescriptions. Less middlemen between the drug manufacturer and
      the patient will be essential in order to make money
      in the future in the age of hmos. And money can be
      made this way- merck medco does it. (whether Marty
      &co. can do it is another story.)That said, there will
      always be a need for brick and mortar pharmacies for
      acute meds - antibiotics, pain killers etc. However the
      overhead is higher and you are still getting that same
      crappy payment from the hmo. Therefore they need to sell
      the front end stuff to make money. Now my pharmacist
      friend was freaking out when all these chains opened up
      in nyc a few years ago. Chains could sell
      nonprescription stuff cheaper than he could buy it wholesale. But
      he is doing great now because the patients want
      service and respect-something chains dont give them- and
      genovese is just as bad as rad. The point is that many
      patients dont mind paying more for say tylenol while they
      are picking up their prescriptions if they like the
      store and the people they are dealing with. Rad needs
      to focus on customer service to improve its top and
      bottom line.
      sorry for the long pos

      S. Beck

    • Wait, we are just getting warmed up. Sweet
      beverage companies are next since they will be shown to
      cause diabetes, and fast food restaurants will follow
      for they contribute to heart desease, oh and remember
      cell phones, CRT monitors, high voltage towers, and on
      and on and on...

      What a bright future prospect
      for our litigious society!!!

      Makes you wanna
      to stand up and sing the national anthem, doesn't
      it!

    • S Beck is my real name. Unlike some of the morons
      on this board I have nothing to hide. I am an
      investor not a trader. I originally bought rad because I
      think they got PCS for a steal. I am convinced that
      this is the wave of the future. Cost pressures cont to
      mount on pharmaceuticals and direct mail is becoming
      mandatory for many patients for their maintenance
      prescriptions. Less middlemen between the drug manufacturer and
      the patient will be essential in order to make money
      in the future in the age of hmos. And money can be
      made this way- merck medco does it. That said, there
      will always be a need for brick and mortar pharmacies
      for acute meds - antibiotics, pain killers etc.
      However the overhead is higher and you are still getting
      that same crappy payment from the hmo. Therefore they
      need to sell the front end stuff to make money. Now my
      pharmacist friend was freaking out when all these chains
      opened up in nyc a few years ago. Chains could sell
      nonprescription stuff cheaper than he could buy it wholesale. But
      he is doing great now because the patients want
      service and respect-something chains dont give them- and
      genovese is just as bad as rad. The point is that many
      patients dont mind paying more for say tylenol while they
      are picking up their prescriptions if they like the
      store and the people they are dealing with. Rad needs
      to focus on customer service to improve its top and
      bottom line.

    • S Beck is my real name. Unlike some of the morons
      on this board I have nothing to hide. I am an
      investor not a trader. I originally bought rad because I
      think they got PCS for a steal. I am convinced that
      this is the wave of the future. Cost pressures cont to
      mount on pharmaceuticals and direct mail is becoming
      mandatory for many patients for their maintenance
      prescriptions. Less middlemen between the drug manufacturer and
      the patient will be essential in order to make money
      in the future in the age of hmos. And money can be
      made this way- merck medco does it. That said, there
      will always be a need for brick and mortar pharmacies
      for acute meds - antibiotics, pain killers etc.
      However the overhead is higher and you are still getting
      that same crappy payment from the hmo. Therefore they
      need to sell the front end stuff to make money. Now my
      pharmacist friend was freaking out when all these chains
      opened up in nyc a few years ago. Chains could sell
      nonprescription stuff cheaper than he could buy it wholesale. But
      he is doing great now because the patients want
      service and respect-something chains dont give

    • A $10,000 or $15,000 fine for a $1.15 overcharge
      is asinine.

      Also, her claim of conspiracy by
      word of mouth by all these employees of RAD is absurd,
      on it's face. Even if they had a handful of
      pharmacists who claimed it was a common practice, they'll
      have a hard time proving it was a fraud, since fraud
      involves intent, etc. Pure BS in my opinion.

      But I
      do believe that there is a general dumbing down of
      the public. They are buying into the notion that
      driving businesses out of business is a good thing, and
      huge judgments are a good thing. The judgment against
      GM is one, and against tobacco companies, and
      checmical companies.

      Eventually, the US will be a
      bunch of lawyers, insurance salesman, and real estate
      agents, period. Nothing will be produced, and nobody will
      want to sell any products, just services. That is far
      more scary to me than this stupid lawsuit. We are
      becoming a nation of morons.

      Hal

    • just averaged down at 11.50. Still has to get to 15 to break even. I don't care how long it takes, just so no chapter11.

    • View More Messages
 
RAD
6.69-0.36(-5.11%)Jul 28 4:00 PMEDT

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