Off the cuff, not much I think.
J&J is a strong company in my opinion.
The latest I read was that a complaint made by a former employee was dismissed by coworkers.
The market is actively bringing down the P/E's anyway. It is also possible that one of their drug trials may not have come up right: these companies are trialling new drugs all the time.
Other than that I can't help you.
Today: DOW down 235 to 7785; PTD +3 to $2.20.
