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To: Paul Senior who wrote (33184)1/3/2009 1:15:47 AM
From: Spekulatius  Read Replies (1) | Respond to of 78615
 
ESRX - the only other direct peer company is MHS which is not cheap either. Insurance companies are different and cary way more risk. CVS Caremark is mainly a drugstore and but also a PBM.

15x earnings may not look that expensive relative to the market any more for Y2009 earnings when realistic earnings for this year are out.