AZ stock

[anonymous]

The father of value investing, Benjamin Graham, explained this concept by saying that in the short run, the market is like a voting machine--tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine--assessing the substance of a company. The message is clear: What matters in the long run is a company's actual underlying business performance and not the investing public's fickle opinion about its prospects in the short run.


AZ isn't getting the votes and long term the stock is trending down. So what do we do? I know -- give management raises, keep things like they always have been since inception, wait and see what Pfizer and Glaxo do and 6 months later copy them!

 

[anonymous]

The father of value investing, Benjamin Graham, explained this concept by saying that in the short run, the market is like a voting machine--tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine--assessing the substance of a company. The message is clear: What matters in the long run is a company's actual underlying business performance and not the investing public's fickle opinion about its prospects in the short run.


AZ isn't getting the votes and long term the stock is trending down. So what do we do? I know -- give management raises, keep things like they always have been since inception, wait and see what Pfizer and Glaxo do and 6 months later copy them!

The business is changing faster than AZ can respond to their normal copy cat behavior. If you stack up our leadership next to the leadership of companies like Pfizer, Glaxo or even Lilly, the difference in experience and actual accomplishments is striking.

 

[anonymous]

Yep, and I'd bet most reps do not ever look at our stock price, especially to have noticed the constant downward spiral. We're approaching 20% loss of value just over last 2-3 months. But AZ won't wake up to that fact. They've already layed down.

 

[anonymous]

We are ripe for a takeover.....but then again....who would want us??

 

[anonymous]

The father of value investing, Benjamin Graham, explained this concept by saying that in the short run, the market is like a voting machine--tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine--assessing the substance of a company. The message is clear: What matters in the long run is a company's actual underlying business performance and not the investing public's fickle opinion about its prospects in the short run.....

Now that most of the stock market trading volume comes from machines using rapid trading algorithms, and the apparent company value information is polluted by constant mergers, acquisitions and dispositions, as well as by stock share buybacks and dividends that are paid for with funds borrowed at zero or near zero percent interest rates, I'm not sure how true this is anymore in the market. At least it possible to keep the mirage going on for a very long time now anyway.