No one can ever say these prices are cheap. The company is either going to make this work or not. If it does then it's worth hundreds of dollars a share. If it doesn't it's worth cents. Every set back is a step closer to the latter. So whilst I'm sure there's no need to throw the baby out with the bath water on this announcement... I'd hardly say the price now makes it a compelling buy.
Ann: Integration Stage Update, page-24
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