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Biotech / Medical : Boston Scientific (BSX) Any Comments??? -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (680)10/15/1999 1:04:00 AM
From: JDGarza  Read Replies (1) | Respond to of 798
 
Tom,

I bought more at 20 ... and was curious whether you added to your position today?



To: OldAIMGuy who wrote (680)10/20/1999 11:13:00 AM
From: Lighthouse  Read Replies (1) | Respond to of 798
 
Greetings! I do not mean to intrude.

Several Wall Street firms have moved their target growth rate for the overall stent market to near zero for the time being. That is a big change and there are always fears that with a mature market that pricing will erode to European levels. So far no evidence to support this fear, but it is out there. At the same time I have read two reports of firms moving stent market share assumptions for BSX down by apx. 200 basis points. New stent product rollout looks relatively weak vis-a-vis GDT and some JNJ models. Throw in a crappy market, past BSX blow ups, no major executive hires to round out Tobin, Y2K, St Louis Rams undefeated and no one wants to talk about this story.

Nonetheless I am in.