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Politics : PRESIDENT GEORGE W. BUSH
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To: Raymond Duray who wrote (257032)5/20/2002 8:33:07 PM
From: DOUG H  Read Replies (1) of 769669
 
The chart does look good, they had a VERY nasty 4th qtr in 1999 it semms to be recovering from. My snide point though is that for all the money the health industry BRINGS IN, their cash profits are really rather slim. E/S will continue to be anemic. I would not bet my financial future on the profits from the health care/big pharma industry.

2 factors really, Government regulation on operations (legitamte public health concerns), Government caps on pricing of products, and a growing pubilc sentiment that they have a Godgiven right to the product and pols leaveraging that sentiment into their grip of power. (Al Gore was the scariest I've seen in a long time in this regard)

Try running a telco under those conditions.....
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