Comments on: Wal-Mart Announces Major Generic Drug Savings (Update: Target Matches!) http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/ The Business End of the Blogosphere Sat, 10 Jan 2009 01:12:00 +0000 http://wordpress.org/?v=2.5 By: Kevin Irwin http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/#comment-31609 Kevin Irwin Sat, 23 Sep 2006 03:16:30 +0000 http://www.bizzyblog.com/2006/09/22/im-not-creative-enough-to-come-up-with-an-objection-to-this/#comment-31609 Yeah, I don't trust that report. If Wal-Mart and Target become big providers of generic drugs, they will draw market share away from CVS and Caremark. The bulk discounts that the big boxes command will undoubtedly shrink the profit margins of the generic drug companies. Yeah, I don’t trust that report. If Wal-Mart and Target become big providers of generic drugs, they will draw market share away from CVS and Caremark. The bulk discounts that the big boxes command will undoubtedly shrink the profit margins of the generic drug companies.

]]> By: TBlumer http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/#comment-31602 TBlumer Sat, 23 Sep 2006 01:12:54 +0000 http://www.bizzyblog.com/2006/09/22/im-not-creative-enough-to-come-up-with-an-objection-to-this/#comment-31602 #5, that was pretty weak on my part. Sorry. Quick reax: Yes, several of the generics went down yesterday by 3%-5%, roughly. But there is a Dow Jones report I read at nasdaq.com that claims they will not be hurt. Of course, that is very easy for someone else to say. (I would link, but the blog is doing screwing things to apostrophes and quote marks in comments, even in links.) #5, that was pretty weak on my part. Sorry.

Quick reax: Yes, several of the generics went down yesterday by 3%-5%, roughly. But there is a Dow Jones report I read at nasdaq.com that claims they will not be hurt. Of course, that is very easy for someone else to say. (I would link, but the blog is doing screwing things to apostrophes and quote marks in comments, even in links.)

]]> By: Kevin Irwin http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/#comment-31592 Kevin Irwin Sat, 23 Sep 2006 00:37:22 +0000 http://www.bizzyblog.com/2006/09/22/im-not-creative-enough-to-come-up-with-an-objection-to-this/#comment-31592 Read the comment again. The shareholders I speak of are those who hold shares of Teva (TEVA), Watson(WPI), et al. Read the comment again. The shareholders I speak of are those who hold shares of Teva (TEVA), Watson(WPI), et al.

]]> By: TBlumer http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/#comment-31521 TBlumer Fri, 22 Sep 2006 18:30:59 +0000 http://www.bizzyblog.com/2006/09/22/im-not-creative-enough-to-come-up-with-an-objection-to-this/#comment-31521 #3, Not really. TGT is up a shade as of about 2:10, and WMT is down by less than the S&P is down. #3, Not really. TGT is up a shade as of about 2:10, and WMT is down by less than the S&P is down.

]]> By: Kevin Irwin http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/#comment-31515 Kevin Irwin Fri, 22 Sep 2006 17:25:20 +0000 http://www.bizzyblog.com/2006/09/22/im-not-creative-enough-to-come-up-with-an-objection-to-this/#comment-31515 The WMT announcment came much to the chagrin of these shareholders as evident by the market reaction. The WMT announcment came much to the chagrin of these shareholders as evident by the market reaction.

]]> By: TBlumer http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/#comment-31481 TBlumer Fri, 22 Sep 2006 15:08:42 +0000 http://www.bizzyblog.com/2006/09/22/im-not-creative-enough-to-come-up-with-an-objection-to-this/#comment-31481 #1, Good point. WM must have had "discussions" with them before the announcement, as in "Let's discuss what you're going to do for us." #1, Good point. WM must have had “discussions” with them before the announcement, as in “Let’s discuss what you’re going to do for us.”

]]> By: Kevin Irwin http://www.bizzyblog.com/2006/09/22/wal-mart-announces-major-generic-drug-savings-update-target-matches/#comment-31466 Kevin Irwin Fri, 22 Sep 2006 12:45:31 +0000 http://www.bizzyblog.com/2006/09/22/im-not-creative-enough-to-come-up-with-an-objection-to-this/#comment-31466 You aren't creative enough, but I'm sure the shareholders of the generic drug companies can come up with some good reasons. You aren’t creative enough, but I’m sure the shareholders of the generic drug companies can come up with some good reasons.

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