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  • sjjpharm sjjpharm Aug 13, 2010 12:35 PM Flag

    JNJ Preps 10 and 30 Year AAA Paper

    You do not borrow money because the rate is cheap. You borrow only if there is a good return financially. In this case, unless the stock price will go up, I do not see much benefit financially for the company. There may be a some positive in cash flow because interest is an expense item. Other than that we are just feeding the fat cats like GS in the Wall street.

 
JNJ
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