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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (17837)10/29/2003 11:40:10 AM
From: Spekulatius  Read Replies (1) of 78799
 
Sold my position in JNJ for 49$ today at a loss. The heardstent issue is potentially very very serious, as this product is critical to JNJ's near term growth. 60 death is a very high number and even if it cannot be proven that that Cypher stent is is responsible BSX marketing will be all over it to grab market shares. The Cypher stent product is damaged goods IMO.
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