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


To: OldAIMGuy who wrote (761)3/26/2001 9:25:35 AM
From: Lighthouse  Read Replies (1) | Respond to of 798
 
Maybe. (What a whimmpy answer)

I suspect the ability to move above $20 convincingly will rest with news out of the coated stent program. I have read some reports lately that might favor BSX's drug (in the stent) over JNJ's drug (in the stent). This is still way too early to call, but any preception of this will move the shares up. Finally something to look forward to.

I still feel the coated stents will take market share rapidly from the non coated stents and command much higher prices. So far current leader GDT is behind BSX and JNJ. MDT is even farther behind IMHO.

If BSX buys Medinol for more than $2B we may see the $13 per share range again.

Just some thoughts. All the other divisions appear to be doing at least o.k.

Cheers,