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Boston Scientific Corporation Message Board

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  • dexter_egghead dexter_egghead Dec 21, 2005 1:42 PM Flag

    Bankruptcy is Strong Possibility

    BSX seems to try to hide the patient deaths, spin the stories, and lie about them. They have a repeat record of deaths, and recall after recall, after recall. But the real problems are more the massive debt level, and the fact that shareholders will be raped with share dilution, as this stock continues to fall. There is not much more money left to waste, after all the loses. The insiders where selling at the lows because they know this company is finished.
    Taxus sales plummeting as patients and doctors see
    continued scientific trials showing superiority of
    Cypher. The only thing keeping Taxus in the game at
    all is their dropping prices (also hurts net) and lack
    of supply of Cypher. When Cypher supply cathches up
    Taxus will be in teens in market share.

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