Jim,
Much appreciated thank you. The comedy of beaurocracy
and regulation was exactly the topic and I thought it
was funny because all that convoluted doublespeak is
fact as we know it.
The point of course is not to get too absolute about what
all the agencies, regulators, and indeed companies are
saying in detail because reality once it occurs is so often
different from what was stated.
Whitness the white van in the recent Washington horrorshow,
the fact that police did stop and question them earlier,
and that it was Mr. Williams' death wish that caused him
to remind them to go back to the Montgomery issue where he
knew the Caprice had been identified. After that it was
a vigilant citizen who saw the car and took action. Thank
god this person who like so many other perpetrators recently
had gone through rigorous military training to permanently
desensitize him from normal reactions to killing human
beings, is finally in the custody of the society that made
him that way.
Its just as true that regulating agencies in north america
are facing out of the box challenges in dealing with
Pennsaid as it is that Dimethaid is facing challenges
figuring out how to get through all this. Also, while the
responsibility for the UK rests with Dimethaid, its hardly
reasonable to blame them for the EU which is much more
about turf and costs than any agreements they all signed.
So while I give her a D for communication, I also give her
an A for perseverance in continuing to fight through the
quagmire of international groups of regulators to get a
lotion through that most reasonable people will agree is
not a threat and will in fact save lives and side effects.
The core elements here always were that if it gets through
it will pay off handsomely in the one market that really
matters and you'll notice that ramble last night never
mentioned the USA. Its just as true that the stock price
rightfully reflects the lack of achieving expectations and
the risk factor still inherent.
The reason we are currently above $2 rather than below $1
is that Dimethaid at the AGM said what has been published
on this board for some time (from IR) that after quite a
long time Dimethaid is finally at the gates with the FDA
-and apparently with some brand new marketing studies that
I assume caused them to have some more US labelling
discussions.
I continue to quote Clauswitz and I think that quote from
Jack Welsh said it in a pointed way:
"Von Clausewitz summed up what it had all been about in his classic 'On War'. Men could not reduce strategy to a formula. Detailed planning necessarily failed, due to the inevitable frictions encountered: chance events, imperfections in execution, and the independent will of the opposition. Instead, the human elements were paramount: leadership, morale, and the almost instinctive savvy of the best generals.
"The Prussian general staff, under the elder von Moltke, perfected these concepts in practice. They did not expect a plan of operations to survive beyond the first contact with the enemy. They set only the broadest of objectives and emphasised seizing unforeseen opportunities as they arose. Strategy was not a lengthy action plan. It was the evolution of a central idea through continually changing circumstances."
-Jack Welch
I'm not saying Rebecca is either Clausewitz or Jack Welsh.
I am saying she's fighting battles in the same war.
Wolf |
