If BSX continues to burn through its structural free cash flow at the same rate as it did in 2010, based on its most recent quarter working capital, the company will run out of money in a little over 18 months. This is far too soon for any turn around to happen.
I've read that Boston has some tihngs in the pipeline, but these won't be able to stop the current cash burn.
As the now dead Ronald Reagan once said during a debate with Fritz Mondale, "There you go again."
Yes, I've clearly addressed the facts.
And again, I am a value investor. I do not trade stocks, nor do I short them. And yes, I do think beating against the market is un-America. And, no, I do not hope a position in BSX.
Come on, now. Surely, you understand all of this, right?
This ain't rocket science.
As far as your dig at my "value investor stuff", there's no "stuff" about it. You do realize that value investing is a "legitimate" style of investing, right?
Of course this person is a short and you are correct to cut him off. His "Burning Cash" headline mimics a "Shock & Awe" move but simply is not true. The CORDIS win alone represents a good boost in coming quarters for BSX.
Still didn't address the other facts.
I have learned a long time ago. Self righteous holier then thou type people many times lack the ability to see the forest because of the trees. Take a step back and take a deep breath.
Take your short position and be honest about it. I know, now I'll get your "I'm not shorting the stock I think it is unamerican." Statement. Or your "I'm a value investor" stuff. I have read many of your previous messages. and this pattern is typical for you.
So If there is no value here then why don't you move on or be honest about your position and interests here.
See ya and good luck to you
You might want to considering doing some reading before posting things like what you have posted here.
This link actually calls BSX a cash cow. Article states anything over 5 percent free cash flow is considered cash cow. BSX is at 12.4 percent free cash flow according to the article.
Please do some reading before posting.