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Cardinal Health, Inc. Message Board

  • dontbetheball dontbetheball Oct 30, 2000 5:13 PM Flag

    be careful

    This company is an excellent performer but is
    priced for perfection. As long term care facilities
    continue to get lower reimbursements from medicaid this
    industry's margins will be squeezed. Many communities such
    as Maricopa county are setting up direct
    distribution facilities to lower the cost of medications to
    their citizens. I think this sucks and will eventually
    fall apart but in the short term we all better be
    careful. Now go ahead and slam me as a shorty.

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    • Let two words guild your investment decisions
      relative to CAH:

      Baby Boomers.

      I don't
      dispute the medicaid reimbursement point you make,
      however, the boomer bubble will propel this company's
      earnings for years to come. This is only the beginning of
      what will prove to be an unbelievable long term
      run.

      I am looking forward to attending the stock holders
      meeting on Wednesday morning. Got to imagine mgt will be
      grinning from ear to ear as the stock is close to hitting
      a 52-week high.

      Go CAH!!!

 
CAH
78.14+1.26(+1.64%)Sep 27 4:01 PMEDT