Having checked pritty much all of todays papers, the message they appear to be sending is that M&A will be up beat in 2007 some even say more so than in 2006.
It was good to see confident buyers coming on board with a delayed buy trade of 250k after the bell. I personally do not see a problem with the FDA since we live in a world that only wants tax payers and has become technologically aided in employer selection, based on geographical area and documented medical reports which will soon be fazed in with the new book and choose NHS IT system which wether you like it or not employers will be able to access in order to come to an employment decision. The reality today is that we are losing a lot of good people to illness and do not really have the funds to train new people that stay on board a year and then move on. Governments have finally woken up and realised that new technology is the way forward since after care is proving to be an economic black hole. Without a work force there is no economy and since intelligent robots are decades away, Govenments had better look after their work force since I do not see M.P's doing our jobs. M.P's like to bask in glory, travel first class, stay in four star hotels, drink champagne and generally talk crad. We the tax payers pay their bills and if we are not healthy to work then the House of Parliement empire will crumble. At the moment they feel they can rely on the migrants, but they have been underestimated. Migrants come to England, take whatever they can and then go back and they to now know how many sick days they can take without even being sick. From a humane point of view pharmaceutical companies are the saviours but from a business and political stand; neither give a toss about humanity.All they care about is their growing bank account and frankly so does every high risk investor. Lets leave romantic feelings for the Disney movies and our children and hope that we to will have swelling bank accounts soon.