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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: steve in socal who wrote (8924)10/14/1999 4:58:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi Steve, One of the reasons I don't use Value Line's TIMELINESS ratings is displayed well with BSX. Sept. 10th issue gives BSX a "1" or their highest rating! Price was $34 with a 3-5 year expectation of $40 to $60.

Nothing's really changed except now we can buy shares at a 35% discount! From here to $40 looks quite a bit better than from $34 to $40.

They still expect sales (even revised for recent problems) to nearly double in the next 3-5 years. Same with Book Value. Officers & Directors own 21% of the common, so they don't want bad things to happen.

I'll watch tomorrow and see what happens.

Best regards, Tom