St. Jude Medical (NYSE: STJ) Message Board

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Biotech / Medical : St. Jude Medical (NYSE: STJ)

STJ 80.82

0.0%

Jan 18 4:00 PM EST

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To: vinod Khurana who wrote (9)	9/29/1997 1:19:00 AM
From: Stratajema	of 33

It's very obvious that St.Jude is using one-time/restructuring charges to "re-categorize" the continued operating losses of recent acquisitions. This will be the second set of charges this year. To all, don't be fooled by these type of one-time charges. It is very easy to set these charges at whatever level they want. Let the fund dumbs on Wall Street be fooled by the net income before charges number over the next two quarters. I sure hope the management at this company hasn't lost its gift of assimilating new, unprofitable acquisitions. This stock would be a good value at $27 for those patient enough to wait a year or longer for performance results. IMHO, CPI and Medtronic will continue to be a very real competitive threat. Good luck.

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