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Becton, Dickinson and Company Message Board

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  • delphi123 delphi123 Aug 18, 1999 10:14 AM Flag

    problem area

    The point is that BDX has plummeted nearly 50%
    off its high for the year and that such a huge slide
    made it necessary for them to pay for the Clotech
    acquisition in cash, rather than stock. Management's promise
    of steady double-digit growth for many years to come
    has not and will not materialize. Clateo led us down
    the wrong path.

    The point is that Moody's
    potential downgrade = BAD NEWS and we've already had enough
    of that. Every day the stock slides further and
    further... The decline in market value of my 5-year
    investment in BDX has been dramatic.

    I'm looking
    forward to hear from the company's upper management
    regarding what they're doing to bolster the stock price,
    but so far not a word.

    I'd like to know when
    and if Clateo is leaving his post. I understand he's
    retiring soon. Does anyone have an answer to this
    question? I believe I posted it once before but I got no
    answers. I can't wait for someone else to assume control
    of the company. We need new planning and new
    directions to get the company back on track. And as for a
    takeover of BDX... I can't wait.

170.98-1.18(-0.69%)Oct 25 4:01 PMEDT