eDrugstores: Drugstore.com, PlanetRx and Soma Message Board

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Technology Stocks : eDrugstores: Drugstore.com, PlanetRx and Soma

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To: H James Morris who wrote (206)	9/6/1999 10:37:00 PM
From: Tom D	Read Replies (1) of 254

Express Scripts won, hands down. PCS/Rite Aid had to PAY DSCM about $25M to get a big piece of DSCM. PlanetRx has to pay $11M per year to ESRX to take 19% of their crummy stock. YourPharmacy.com adds no value to PlanetRx. So, PlanetRx is paying to give away their stock, while DSCM sold their stock to PCS/RiteAid, getting Rite Aid's purchasing power, and land-based pharmacies, and something like $25M in the process. Am I missing something here, <Complex business deals are hard even for reporters to figure out> or are these reporters just stupid? Tom D

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