Chicken, bought my shares 10 years ago, price was $66.23! Where do you get the stock price has grown by 20% over that time frame? Your name seems to indicate your intel...by all means just 'fall in line' with what the board tells you to do, don't read the newspaper, watch the stock price, or consider that the share price has NOT grown over the past 10 years. You want to continue your involvement with JNJ like this, fine...not for a large number of people who want to see 'real share price growth'!!
Well, laddie, if you'll check this max time chart for JNJ http://finance.yahoo.com/echarts?s=JNJ+Interactive#symbol=jnj;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined; and scan to the April 2002 price, you'll see it at $52 and change. That was 10 years ago. Today it is $10 higher, and that is where the "about 20% increase" comes from. You can get the same information from a Standard & Poors report, taking the High/Low average for 2002. Sorry you bought at a high point. Before you resort to invective and insults, you might want to get a broader perspective. I've been investing for 40 years and have done well with a buy and hold, value and income approach. I worked 20 years as a section head leading a research group of 40 people in a major pharma. I've never felt qualified to vote against the BoD of any company I hold shares in, having selected those companies based on track record. If I become unhappy with performance, I sell and move on. Unlike the blathering posters in this string, I don't hold and complain. I do agree with your conclusion: this stock is not for every investor. That's pretty much true for all stocks. You might want to reconsider most of the rest of your message.