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,It has since rebounded, but the share price is still below what it was in July.After all, research and development losses are an everyday occurrence at big pharmaceutical houses.Bristol-Myers has some other figures that look pretty good, including sales growth of 9% and income growth of 19% for the past year.That of course looks like a value buy, but what are Bristol-Myers' long term prospects?Negative Revenue Growth in Bristol-Myers' Immediate FutureThe truth is that they are very bad, and they are about to get a lot worse.The patent cliff is the drop in revenue that almost every member of the Big Pharma family is facing because of patent expiration.
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,If beings did not die how could they get rebirth? The world is aptly managed via creation, propagation and destruction.If death did not occur, how can new matter be unearthed for creation? At the time of creation God had created a certain amount of matter which is reused via recycling.Thus worldly activities go on.Thus destruction is as revolutionary as creation is.Lord Shankar dwells in the graveyard.He wears a garland of skulls.The great serpent of death is coiled in his neck and sacred thread.When he opens his 3rd eye fire manifests everywhere.If out of ire he opens his eye the person whom he sees gets burnt to ashes.
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,With 50% of their bits being 16nm planar, and with the remaining bits being transitioned to ultra low cost, ultra high performance 3D TLC over the course of the year, Micron can go to market at 35% - 40% gross margins and still be a fearsome competitor for the bulk of the available market.Will it be that good? No, probably not.Remember they are ramping throughout 2016 (and with the new Fab, throughout 2017 as well), and there are those product qualification delays that we must take into account.The other factor we must not forget is that Micron is providing a fairly large share of their 3D output to Intel at lower-than-market margins because of the IMFT agreement.
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,Some dancers live with a partially torn nail by avoiding pointe for a few days and thereafter taping the loose nail down with a Band-Aid (only the non-sticky part should touch the nail, please) until a new nail plate forms underneath, which often takes at least three months.Viscous lidocaine, a topical painkiller used by dentists and acquired by some dancers, masks pain in infected skin conditions.I have seen this result in blood poisoning, a medical emergency requiring hospitalization.If your nail is very yellow and brittle and a good bit at the end is loose, you may have a fungal infection.These are extremely common in dancers, because shoe trauma can initiate and perpetuate fungus growth.
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,People use money to make money - and put money where the most money can be made.That is why charts like the one below make as much sense as blaming austerity for the current market corrections.(click to enlarge)We are in the New Normal which has significantly different dynamics than the previous secular bull markets.Mostly this was the effect of the dollar strengthening as money flowed towards the USA to escape the weakening of other currencies.A rapidly strengthening dollar can be a sign of an impending USA recession - especially in a situation where the economy is relatively weak.(click to enlarge)It seems the last few days that global markets may have stabilized.
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