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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Dutch who wrote (26703)4/30/2007 7:55:11 PM
From: Paul Senior  Read Replies (2) | Respond to of 78751
 
BSX. Oh yes. Definitely a stretch.

I'll defer to your expertise and knowledge here, Dutch.

Still, I'm going to try to hold on to my few BSX shares.

The p/sales, p/book are at multi-year lows.

Things are very bleak for the company. I'm hoping for a pony in the pile though.

According to Yahoo, there are 28,000 employees at BSX and they are in several areas, not just the stents: "The company offers its products in three groups: Cardiovascular, Endosurgery, and Neuromodulation." (C'mon you new product development guys! Give us a blockbuster!)

To me, the question isn't where the company is now, but where it will be in three years. I don't know, but I am betting in a better position than now.

Not betting much though (-g-)



To: Dutch who wrote (26703)5/1/2007 4:46:14 PM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78751
 
It's interesting that everyone is overlooking the fact that the company is selling for less than they paid for Guidant. Less than what JNJ offered for Guidant. It's like everyone hating AOL when they were selling for less than what they paid for Time Warner. Come on, do you really think that the destruction of value was so severe that a whole company vanished in the thin air?