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Biotech / Medical : Boston Scientific (BSX) Any Comments???
BSX 100.71+0.1%Oct 31 3:59 PM EST

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To: OldAIMGuy who wrote (771)10/4/2001 10:42:42 AM
From: Lighthouse  Read Replies (2) of 798
 
BSX continues to climb - now approaching "fair value" on my models. Quite a change from the dark days of $12.

Assumptions for 2003 and 2004 must be changing for the Street - that is the only lever that could move this stock IMHO. The changes must rest with stent market share and JNJ's bullish conference call on the potential size of the stent market in 2004 and 2005. JNJ is talking about a market that will at least double in dollar amount from today. If that is true then ANPI should be dragged up as well.

Cheers,
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