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LABCORP MUST BE SCARED OF THERANOS
- Thread starter MY CHEMICAL ROADRACE
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Kind of a silly title. It would not be the first time a company adapted to change in order to capitalize on another company's concept.......dumbass!
Labcorp is always behind the 8 ball and late to the party. They never come up with anything innovative on their own.
So what? Theranos has a great concept and has no name and no past history. LabCorp can sell this concept much easier based on relationships. Smart move!
Most industry leaders can be pioneers and dictate the future of the industry. Labcorp follows suit and is a copycat company. And relationships? Most offices and patients hate labcorp. This move still doesnt change the fact that theranos has better technology, ease of use for the patient and lower prices. Labcorp will have to lose money in this market to compete long term. They will not even be able to offer at cost.
Maybe they will buy the lab just to keep it off the market, or restructure it like the other companies they purchased and it is downhill from there.
If "most" patients and Doctors "hate" Labcorp, then why are they kicking everyone else's ass? That comment makes no sense. I've been hearing that for years as LC passed everybody by. I hear just as many negative comments about Quest out in the field. You can't please everybody.
Who did labcorp pass by? they buy companies who are better run then themselves and they integrate the tests while ruining the previous company. Labcorp is nothing more than a bank and law firm who happens to do diagnostic testing.
Sweetheart, you need to go back to College. Business 101.
You really have no clue do you? Labcorp stock price today is $126.38 what's yours?
Baby doll, you have no idea about business and you should take the basics of business. The stock price is not what you look at but rather the Market Cap and currently Labcorp has a Market Cap of 12.81 Billion. Now go make us some brownies.
Get back in the kitchen, honey....... Stock price can be up one day and cut in half 6 months later or sooner. Labcorp's books may appear to look good now but it only takes one of a million variables they made bets on not pan out and then boom. Ex. Covance deal doesn't go as planned etc. your post exemptlifiesy exact point. Doctors and patients hate labcorp. You think they care about the stock price? They want good service and fair prices. The service sucks. The price is fair which is why the insurance conpanies deal with it.
Blah, blah, blah....can't stand ignorant people. You still don't get it. Go play on someone else's board. LabCorp is doing just fine. We don't care what your opinion is of us. If you despise us so much, why are you on LabCorp's board? Wannabe? 