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Biotech / Medical : Boston Scientific (BSX) Any Comments???
BSX 100.72+0.1%Oct 31 9:30 AM EDT

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To: MJ who wrote (774)10/4/2001 2:37:22 PM
From: Lighthouse  Read Replies (1) of 798
 
BSX is not without some big problems of their own, so at these "fair value" levels my commitment level is being drained rapidly. Price to sales and price to cash flow approximate competitors, adjusted for margin levels IMHO. It has been quite a ride. There may be room to go much higher, but I try to play the averages.

$12 was nice it that is was overly negative. Not sure how high this ball bounces - depends on rumors (MDT comes to mind) and *if* there are any concerns with JNJ's coated stent program.

Cheers,
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