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Boston Scientific Corporation Message Board

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  • pet_detective78 pet_detective78 Jul 18, 2012 9:21 PM Flag

    Always a POS, Still a POS, Founders Pension Piggy Bank AVOID!

    John Abele and Pete Nicholas combined own less than 10 million shares.

    http://biz.yahoo.com/t/14/495.html
    http://biz.yahoo.com/t/93/384.html

    There are about 1.4 billion shares out there:
    http://finance.yahoo.com/q/ks?s=BSX

    10 million out of 1.4 billion isn't much. Abele and Nicholas holdings of BSX stock aren't much, and don't affect the stock price much.

    The reason why BSX is a POS is because they don't have any hot-shot game-changing products to drive revenue growth. A decade ago BSX was a one-hit wonder with the drug-eluting stent, but after that, it's been all downhill since then. After massive and on-going layoffs to drive growth in EPS, there isn't much left in the R&D talent pool and R&D pipeline to develop a blockbuster product. BSX will simply because a low-margin commodities company with a stock price remaining in the single digits.

 
BSX
12.60+0.01(+0.08%)Aug 20 4:00 PMEDT

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