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Boston Scientific Corporation Message Board

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  • crispycremed crispycremed Nov 10, 2005 4:15 AM Flag

    This pos isn't worth $8.New lawsuits

    I think the FDA will probably not be forced to order BSX to remove Taxus from the market, but their hands will probably be forced to order injunctions, fines, and fees. BSX can hardly afford any more trouble since they have an astronomical amount of balooning debt in an increasing interest rate invironment, at the same time they are losing market share while new competitors are entering the market, J&J, and Medinol are not the only competitors any more. Big players are going to eat BSX lunch. BSX knows they have to come up with something new, but they have no talent, they are floundering around as they continue to waste money like crazy and now lose more money than even the lowered estimates.

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