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Posted On: 07/18/2017 5:31:50 PM
Post# of 11802
Re: chemist823 #1268
You beat J&J the first time, its because you're lucky, even if you don't share the spoils with the "loyal" transient shareholders. But if you beat them a second time, you're real, or as my son used to say when he was about 8, you're real-real. I am certain that KB takes no advice from people on iHub, but perhaps he would accept some other outside, unpaid for advice, and wait to sell the company until J&J is beaten again. Lots of new doors will open and J&J might walk through one of them. They are on a path to lose 8-12% revenues per quarter year to year worldwide. That's over 30% per year. GenPrecis, for several reasons, would be the perfect solution to their (Lifescan's) seemingly terminal problem. And GenPrecis is a technology that J&J could actually manage since they have been terrible at managing the Generation 3.5 products they have, OneTouch Verio and OneTouch Ultra Flex (also a Verio product).
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