Guest guest Posted October 27, 2004 Report Share Posted October 27, 2004 >I had lunch and some calcium/magnesium and feeling >much better now >A walk and some sleep will do me good tonight. While working at the health food store i learned that we really shouldn't be taking calcium. It was added to *most all* food you buy in the grocery stores. It *must* be balanced 2 to 1 ratio with magnisum. Otherwise it creates what looks like osteorporisis (sp) or arthritus. etc. Yea, what looks like a calcium defficiencly is *really* a magnisum deficiency. So what i'm saying is to take magnisum to balance it with the calcium you are getting in your foods out of the grocery store. Think about that one and let me know what you come up with. Without this balance, to much calcium can become a toxin. Connie Re: Lilly Stock Spirals > > > Down (Time for a little > > > > celebration!) > > > > > > > > > > > > > > > > > > I hate for people to lose jobs but I love this > > > news. goes to show > > > > > what unethical and harmful products will get a > > > business everytime. > > > > > Couldn't happen to a better bunch. Makes me think > > > carefully about > > > > > where I will work. > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > http://www.indystar.com/articles/3/189440-8983-223.html > > > > > > > > > > > > Lilly stock spirals down > > > > > > The Indianapolis company's share price has hit a > > > 52-week low every day > > > > > since > > > > > > Oct. 19. > > > > > > > > > > > > By J.K. Wall > > > > > > jk.wall@... > > > > > > October 26, 2004 > > > > > > > > > > > > Eli Lilly and Co. shares hit another 52-week low > > > Monday as the company > > > > > > continued to feel the fallout from its own weak > > > financial growth and > > > > that > > > > > of > > > > > > the whole pharmaceutical industry. > > > > > > > > > > > > Shares of the Indianapolis-based company have > > > fallen nearly 15 percent > > > > in > > > > > > the past two weeks, closing Monday at $50.44 a > > > share. The value has > > > > fallen > > > > > > by more than 28 percent since Jan. 1. Lilly > > > stock closed as high as > > > > $76.95 > > > > > > in early June. > > > > > > > > > > > > The share price has hit a new 52-week low every > > > day since Oct. 19. > > > > Lilly, > > > > > > Central Indiana's largest private employer, last > > > week announced job > > > cuts > > > > > and > > > > > > reported sales that disappointed Wall Street > > > analysts. > > > > > > > > > > > > If the difficulties at Lilly are prolonged, they > > > could indirectly > > > affect > > > > > the > > > > > > Lilly Endowment, a massive Indianapolis > > > philanthropic foundation. > > > > > > > > > > > > While the $10.8 billion endowment is independent > > > of the drug maker, > > > > Lilly > > > > > > stock is the endowment's most significant asset. > > > > > > > > > > > > For now, however, the company's performance > > > should not change the > > > > > > endowment's level of giving, said an official > > > with the Indiana > > > > Grantmakers > > > > > > Alliance. > > > > > > > > > > > > " Private foundations are obligated to pay out at > > > least 5 percent of > > > > their > > > > > > assets. However, the 5 percent is based on a > > > three-year rolling > > > > average, " > > > > > > said Audette, vice president of the > > > alliance, in a written > > > > > > statement. " Therefore a spike one way or the > > > other in the market or in > > > a > > > > > > particular stock, even if a foundation is heavy > > > in that stock, has > > > > little > > > > > > effect on the long-term giving. " > > > > > > Other drug companies also aren't faring well on > > > Wall Street. > > > > > > > > > > > > Last week was the fifth straight that the > > > American Stock Exchange > > > > > > Pharmaceutical Index fell. The slide started > > > just before Merck & Co > > > Inc. > > > > > > announced that it would yank Vioxx, a popular > > > arthritis drug, from the > > > > > > market. Hazlett, a pharmaceuticals > > > analyst at SunTrust > > > > > > Humphrey, described that development as a > > > " disaster " for Merck that > > > has > > > > > > affected the entire industry. > > > > > > > > > > > > Pfizer, the world's largest drug maker, > > > disappointed investors last > > > week > > > > > > with revenues that missed analysts' estimates. > > > Its profits beat > > > > estimates > > > > > by > > > > > > a penny per share, but it also warned that next > > > year's results could > > > be > > > > > hurt > > > > > > by the arrival of generic competitors against > > > four of its drugs. > > > > > > GlaxoKline, which reports earnings > > > Thursday, faces several > > > cheaper > > > > > > copycat medications that will compete with its > > > compounds. > > > > > > > > > > > > In addition, Hazlett said, pharmaceutical > > > companies also fear that a > > > > > victory > > > > > > by presidential candidate Kerry would lead > > > to lower drug prices > > > and > > > > > > imported drugs from Canada. Kerry has said he > > > wants government health > > > > care > > > > > > programs to negotiate lower prices with drug > > > companies. > > > > > > > > > > > > " The specter of a Democratic administration has > > > had some effect on the > > > > > > stocks, " Hazlett said. > > > > > > Politics aside, Lilly has struggled to keep > > > sales up and costs down. > > > > > > > > > > > > In the past two weeks, Lilly has announced it > > > would cut 1,000 jobs > > > from > > > > > its > > > > > > work force, which numbers 46,000 worldwide. > > > Lilly's operations in > > > > > > Indianapolis will absorb 225. Lilly also > > > instituted a hiring freeze in > > > > > > August. > > > > > > > > > > > > Those cost-cutting moves helped Lilly post a 6 > > > percent increase in > > > > profits > > > > > > in its fiscal third quarter; revenue grew a > > > modest 4 percent, leaving > > > > Wall > > > > > > Street nonplussed. > > > > > > > > > > > > " The good news is management had the 'wiggle > > > room' -- the bad news is > > > > they > > > > > > needed it (and likely will continue to), " wrote > > > Carl Seiden, an > > > analyst > > > > > > covering Lilly for the brokerage firm UBS. > > > > > > > > > > > > Many analysts are worried by declining sales of > > > Lilly's blockbuster > > > > drug, > > > > > > Zyprexa. It generates more than $4 billion a > > > year for Lilly, and, by > > > > some > > > > > > analysts' estimates, accounts for 60 percent of > > > the company's profits. > > > > > > > > > > > > Sales of the antipsychotic drug fell 9 percent > > > in Lilly's third > > > quarter, > > > > > > including a 22 percent drop in the United > > > States. And the patent > > > > challenge > > > > > > brought against Zyprexa by a generic drug maker, > > > which is now in the > > > > hands > > > > > > of an Indianapolis judge, still hangs like a > > > cloud over Lilly. > > > > > > > > > > > > " We believe investors are better off on the > > > sidelines until the > > > > visibility > > > > > > on the Zyprexa controversies improve, " Seiden > > > wrote. > > > > > > > > > > > > Other analysts have been disappointed in early > > > sales of Lilly's newest > > > > > > drugs, such as Strattera, which is used in > > > treating attention-deficit > > > > > > hyperactivity disorder. > > > > > > > > > > > > But Hazlett takes a rosier view on Lilly. He > > > points to Cymbalta, an > > > > > > antidepressant Lilly rolled out this summer, as > > > evidence for his > > > > > prediction > > > > > > of strong profit growth the next two years. > > > > > > > > > > > > Hazlett wrote that he " would recommend that > > > investors use the recent > > > > > > weakness to establish or add to a position. " > > > > > > > > > > > > Star reporter O'Neal contributed to this > > > story. > > > > > > Call Star reporter J.K. Wall at (317) 444-6287. > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 28, 2004 Report Share Posted October 28, 2004 Hello Jim and all, Wish I could be here more and join in all the fun! Here's a cleaned up version for y'all! Best to all, Cassandra Dawn =============== =============== http://www.indystar.com/articles/3/189440-8983-223.html Lilly stock spirals down The Indianapolis company's share price has hit a 52-week low every day since Oct. 19. By J.K. Wall jk.wall@... October 26, 2004 Eli Lilly and Co. shares hit another 52-week low Monday as the company continued to feel the fallout from its own weak financial growth and that of the whole pharmaceutical industry. Shares of the Indianapolis-based company have fallen nearly 15 percent in the past two weeks, closing Monday at $50.44 a share. The value has fallen by more than 28 percent since Jan. 1. Lilly stock closed as high as $76.95 in early June. The share price has hit a new 52-week low every day since Oct. 19. Lilly, Central Indiana's largest private employer, last week announced job cuts and reported sales that disappointed Wall Street analysts. If the difficulties at Lilly are prolonged, they could indirectly affect the Lilly Endowment, a massive Indianapolis philanthropic foundation. While the $10.8 billion endowment is independent of the drug maker, Lilly stock is the endowment's most significant asset. For now, however, the company's performance should not change the endowment's level of giving, said an official with the Indiana Grantmakers Alliance. " Private foundations are obligated to pay out at least 5 percent of their assets. However, the 5 percent is based on a three-year rolling average, " said Audette, vice president of the alliance, in a written statement. " Therefore a spike one way or the other in the market or in a particular stock, even if a foundation is heavy in that stock, has little effect on the long-term giving. " Other drug companies also aren't faring well on Wall Street. Last week was the fifth straight that the American Stock Exchange Pharmaceutical Index fell. The slide started just before Merck & Co Inc. announced that it would yank Vioxx, a popular arthritis drug, from the market. Hazlett, a pharmaceuticals analyst at SunTrust Humphrey, described that development as a " disaster " for Merck that has affected the entire industry. Pfizer, the world's largest drug maker, disappointed investors last week with revenues that missed analysts' estimates. Its profits beat estimates by a penny per share, but it also warned that next year's results could be hurt by the arrival of generic competitors against four of its drugs. GlaxoKline, which reports earnings Thursday, faces several cheaper copycat medications that will compete with its compounds. In addition, Hazlett said, pharmaceutical companies also fear that a victory by presidential candidate Kerry would lead to lower drug prices and imported drugs from Canada. Kerry has said he wants government health care programs to negotiate lower prices with drug companies. " The specter of a Democratic administration has had some effect on the stocks, " Hazlett said. Politics aside, Lilly has struggled to keep sales up and costs down. In the past two weeks, Lilly has announced it would cut 1,000 jobs from its work force, which numbers 46,000 worldwide. Lilly's operations in Indianapolis will absorb 225. Lilly also instituted a hiring freeze in August. Those cost-cutting moves helped Lilly post a 6 percent increase in profits in its fiscal third quarter; revenue grew a modest 4 percent, leaving Wall Street nonplussed. " The good news is management had the 'wiggle room' -- the bad news is they needed it (and likely will continue to), " wrote Carl Seiden, an analyst covering Lilly for the brokerage firm UBS. Many analysts are worried by declining sales of Lilly's blockbuster drug, Zyprexa. It generates more than $4 billion a year for Lilly, and, by some analysts' estimates, accounts for 60 percent of the company's profits. Sales of the antipsychotic drug fell 9 percent in Lilly's third quarter, including a 22 percent drop in the United States. And the patent challenge brought against Zyprexa by a generic drug maker, which is now in the hands of an Indianapolis judge, still hangs like a cloud over Lilly. " We believe investors are better off on the sidelines until the visibility on the Zyprexa controversies improve, " Seiden wrote. Other analysts have been disappointed in early sales of Lilly's newest drugs, such as Strattera, which is used in treating attention- deficit hyperactivity disorder. But Hazlett takes a rosier view on Lilly. He points to Cymbalta, an antidepressant Lilly rolled out this summer, as evidence for his prediction of strong profit growth the next two years. Hazlett wrote that he " would recommend that investors use the recent weakness to establish or add to a position. " Star reporter O'Neal contributed to this story. Call Star reporter J.K. Wall at (317) 444-6287. ====================== I hate for people to lose jobs but I love this news. goes to show what unethical and harmful products will get a business everytime. Couldn't happen to a better bunch. Makes me think carefully about where I will work. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 28, 2004 Report Share Posted October 28, 2004 Hello Jim and all, Wish I could be here more and join in all the fun! Here's a cleaned up version for y'all! Best to all, Cassandra Dawn =============== =============== http://www.indystar.com/articles/3/189440-8983-223.html Lilly stock spirals down The Indianapolis company's share price has hit a 52-week low every day since Oct. 19. By J.K. Wall jk.wall@... October 26, 2004 Eli Lilly and Co. shares hit another 52-week low Monday as the company continued to feel the fallout from its own weak financial growth and that of the whole pharmaceutical industry. Shares of the Indianapolis-based company have fallen nearly 15 percent in the past two weeks, closing Monday at $50.44 a share. The value has fallen by more than 28 percent since Jan. 1. Lilly stock closed as high as $76.95 in early June. The share price has hit a new 52-week low every day since Oct. 19. Lilly, Central Indiana's largest private employer, last week announced job cuts and reported sales that disappointed Wall Street analysts. If the difficulties at Lilly are prolonged, they could indirectly affect the Lilly Endowment, a massive Indianapolis philanthropic foundation. While the $10.8 billion endowment is independent of the drug maker, Lilly stock is the endowment's most significant asset. For now, however, the company's performance should not change the endowment's level of giving, said an official with the Indiana Grantmakers Alliance. " Private foundations are obligated to pay out at least 5 percent of their assets. However, the 5 percent is based on a three-year rolling average, " said Audette, vice president of the alliance, in a written statement. " Therefore a spike one way or the other in the market or in a particular stock, even if a foundation is heavy in that stock, has little effect on the long-term giving. " Other drug companies also aren't faring well on Wall Street. Last week was the fifth straight that the American Stock Exchange Pharmaceutical Index fell. The slide started just before Merck & Co Inc. announced that it would yank Vioxx, a popular arthritis drug, from the market. Hazlett, a pharmaceuticals analyst at SunTrust Humphrey, described that development as a " disaster " for Merck that has affected the entire industry. Pfizer, the world's largest drug maker, disappointed investors last week with revenues that missed analysts' estimates. Its profits beat estimates by a penny per share, but it also warned that next year's results could be hurt by the arrival of generic competitors against four of its drugs. GlaxoKline, which reports earnings Thursday, faces several cheaper copycat medications that will compete with its compounds. In addition, Hazlett said, pharmaceutical companies also fear that a victory by presidential candidate Kerry would lead to lower drug prices and imported drugs from Canada. Kerry has said he wants government health care programs to negotiate lower prices with drug companies. " The specter of a Democratic administration has had some effect on the stocks, " Hazlett said. Politics aside, Lilly has struggled to keep sales up and costs down. In the past two weeks, Lilly has announced it would cut 1,000 jobs from its work force, which numbers 46,000 worldwide. Lilly's operations in Indianapolis will absorb 225. Lilly also instituted a hiring freeze in August. Those cost-cutting moves helped Lilly post a 6 percent increase in profits in its fiscal third quarter; revenue grew a modest 4 percent, leaving Wall Street nonplussed. " The good news is management had the 'wiggle room' -- the bad news is they needed it (and likely will continue to), " wrote Carl Seiden, an analyst covering Lilly for the brokerage firm UBS. Many analysts are worried by declining sales of Lilly's blockbuster drug, Zyprexa. It generates more than $4 billion a year for Lilly, and, by some analysts' estimates, accounts for 60 percent of the company's profits. Sales of the antipsychotic drug fell 9 percent in Lilly's third quarter, including a 22 percent drop in the United States. And the patent challenge brought against Zyprexa by a generic drug maker, which is now in the hands of an Indianapolis judge, still hangs like a cloud over Lilly. " We believe investors are better off on the sidelines until the visibility on the Zyprexa controversies improve, " Seiden wrote. Other analysts have been disappointed in early sales of Lilly's newest drugs, such as Strattera, which is used in treating attention- deficit hyperactivity disorder. But Hazlett takes a rosier view on Lilly. He points to Cymbalta, an antidepressant Lilly rolled out this summer, as evidence for his prediction of strong profit growth the next two years. Hazlett wrote that he " would recommend that investors use the recent weakness to establish or add to a position. " Star reporter O'Neal contributed to this story. Call Star reporter J.K. Wall at (317) 444-6287. ====================== I hate for people to lose jobs but I love this news. goes to show what unethical and harmful products will get a business everytime. Couldn't happen to a better bunch. Makes me think carefully about where I will work. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted October 28, 2004 Report Share Posted October 28, 2004 Connie, I agree totally. I take AtoB Calm but there are others the thing to know is that there has to be acid, like vinegar to get them work properly Jim Re: Lilly Stock > Spirals > > > > Down (Time for a little > > > > > celebration!) > > > > > > > > > > > > > > > > > > > > > > I hate for people to lose jobs but I love > this > > > > news. goes to show > > > > > > what unethical and harmful products will get > a > > > > business everytime. > > > > > > Couldn't happen to a better bunch. Makes me > think > > > > carefully about > > > > > > where I will work. > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > http://www.indystar.com/articles/3/189440-8983-223.html > > > > > > > > > > > > > > Lilly stock spirals down > > > > > > > The Indianapolis company's share price has > hit a > > > > 52-week low every day > > > > > > since > > > > > > > Oct. 19. > > > > > > > > > > > > > > By J.K. Wall > > > > > > > jk.wall@... > > > > > > > October 26, 2004 > > > > > > > > > > > > > > Eli Lilly and Co. shares hit another > 52-week low > > > > Monday as the company > > > > > > > continued to feel the fallout from its own > weak > > > > financial growth and > > > > > that > > > > > > of > > > > > > > the whole pharmaceutical industry. > > > > > > > > > > > > > > Shares of the Indianapolis-based company > have > > > > fallen nearly 15 percent > > > > > in > > > > > > > the past two weeks, closing Monday at > $50.44 a > > > > share. The value has > > > > > fallen > > > > > > > by more than 28 percent since Jan. 1. > Lilly > > > > stock closed as high as > > > > > $76.95 > > > > > > > in early June. > > > > > > > > > > > > > > The share price has hit a new 52-week low > every > > > > day since Oct. 19. > > > > > Lilly, > > > > > > > Central Indiana's largest private > employer, last > > > > week announced job > > > > cuts > > > > > > and > > > > > > > reported sales that disappointed Wall > Street > > > > analysts. > > > > > > > > > > > > > > If the difficulties at Lilly are > prolonged, they > > > > could indirectly > > > > affect > > > > > > the > > > > > > > Lilly Endowment, a massive Indianapolis > > > > philanthropic foundation. > > > > > > > > > > > > > > While the $10.8 billion endowment is > independent > > > > of the drug maker, > > > > > Lilly > > > > > > > stock is the endowment's most significant > asset. > > > > > > > > > > > > > > For now, however, the company's > performance > > > > should not change the > > > > > > > endowment's level of giving, said an > official > > > > with the Indiana > > > > > Grantmakers > > > > > > > Alliance. > > > > > > > > > > > > > > " Private foundations are obligated to pay > out at > > > > least 5 percent of > > > > > their > > > > > > > assets. However, the 5 percent is based on > a > > > > three-year rolling > > > > > average, " > > > > > > > said Audette, vice president of > the > > > > alliance, in a written > > > > > > > statement. " Therefore a spike one way or > the > > > > other in the market or in > > > > a > > > > > > > particular stock, even if a foundation is > heavy > > > > in that stock, has > > > > > little > > > > > > > effect on the long-term giving. " > > > > > > > Other drug companies also aren't faring > well on > > > > Wall Street. > > > > > > > > > > > > > > Last week was the fifth straight that the > > > > American Stock Exchange > > > > > > > Pharmaceutical Index fell. The slide > started > > > > just before Merck & Co > > > > Inc. > > > > > > > announced that it would yank Vioxx, a > popular > > > > arthritis drug, from the > > > > > > > market. Hazlett, a pharmaceuticals > > > > analyst at SunTrust > > > > > > > Humphrey, described that development as a > > > > " disaster " for Merck that > > > > has > > > > > > > affected the entire industry. > > > > > > > > > > > > > > Pfizer, the world's largest drug maker, > > > > disappointed investors last > > > > week > > > > > > > with revenues that missed analysts' > estimates. > > > > Its profits beat > > > > > estimates > > > > > > by > > > > > > > a penny per share, but it also warned that > next > > > > year's results could > > > > be > > > > > > hurt > > > > > > > by the arrival of generic competitors > against > > > > four of its drugs. > > > > > > > GlaxoKline, which reports earnings > > > > Thursday, faces several > > > > cheaper > > > > > > > copycat medications that will compete with > its > > > > compounds. > > > > > > > > > > > > > > In addition, Hazlett said, pharmaceutical > > > > companies also fear that a > > > > > > victory > > > > > > > by presidential candidate Kerry would > lead > > > > to lower drug prices > > > > and > > > > > > > imported drugs from Canada. Kerry has said > he > > > > wants government health > > > > > care > > > > > > > programs to negotiate lower prices with > drug > > > > companies. > > > > > > > > > > > > > > " The specter of a Democratic > administration has > > > > had some effect on the > > > > > > > stocks, " Hazlett said. > > > > > > > Politics aside, Lilly has struggled to > keep > > > > sales up and costs down. > > > > > > > > > > > > > > In the past two weeks, Lilly has announced > it > > > > would cut 1,000 jobs > > > > from > > > > > > its > > > > > > > work force, which numbers 46,000 > worldwide. > > > > Lilly's operations in > > > > > > > Indianapolis will absorb 225. Lilly also > > > > instituted a hiring freeze in > > > > > > > August. > > > > > > > > > > > > > > Those cost-cutting moves helped Lilly post > a 6 > > > > percent increase in > > > > > profits > > > > > > > in its fiscal third quarter; revenue grew > a > > > > modest 4 percent, leaving > > > > > Wall > > > > > > > Street nonplussed. > > > > > > > > > > > > > > " The good news is management had the > 'wiggle > > > > room' -- the bad news is > > > > > they > > > > > > > needed it (and likely will continue to), " > wrote > > > > Carl Seiden, an > > > > analyst > > > > > > > covering Lilly for the brokerage firm UBS. > > > > > > > > > > > > > > Many analysts are worried by declining > sales of > > > > Lilly's blockbuster > > > > > drug, > > > > > > > Zyprexa. It generates more than $4 billion > a > > > > year for Lilly, and, by > > > > > some > > > > > > > analysts' estimates, accounts for 60 > percent of > > > > the company's profits. > > > > > > > > > > > > > > Sales of the antipsychotic drug fell 9 > percent > > > > in Lilly's third > > > > quarter, > > > > > > > including a 22 percent drop in the United > > > > States. And the patent > > > > > challenge > > > > > > > brought against Zyprexa by a generic drug > maker, > > > > which is now in the > > > > > hands > > > > > > > of an Indianapolis judge, still hangs like > a > > > > cloud over Lilly. > > > > > > > > > > > > > > " We believe investors are better off on > the > > > > sidelines until the > > > > > visibility > > > > > > > on the Zyprexa controversies improve, " > Seiden > > > > wrote. > > > > > > > > > > > > > > Other analysts have been disappointed in > early > > > > sales of Lilly's newest > > > > > > > drugs, such as Strattera, which is used in > > > > treating attention-deficit > > > > > > > hyperactivity disorder. > > > > > > > > > > > > > > But Hazlett takes a rosier view on Lilly. > He > > > > points to Cymbalta, an > > > > > > > antidepressant Lilly rolled out this > summer, as > > > > evidence for his > > > > > > prediction > > > > > > > of strong profit growth the next two > years. > > > > > > > > > > > > > > Hazlett wrote that he " would recommend > that > > > > investors use the recent > > > > > > > weakness to establish or add to a > position. " > > > > > > > > > > > > > > Star reporter O'Neal contributed to > this > > > > story. > > > > > > > Call Star reporter J.K. Wall at (317) > 444-6287. > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > Quote Link to comment Share on other sites More sharing options...
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