Boston released this after the bell. I think the street was looking for 15-17& growth so we wil see what happens. I bet the stock will go down even though this is enviable growth.
Boston Scientific 4Q Sales $493M Vs $433M >BSX
Boston Scientific Sales-2:Revs Hurt By Foreign Exchange Rate
NATICK, Mass. (Dow Jones)--Boston Scientific Corp. (BSX) Thursday said sales rose 14% in the fourth quarter to $493 million from $433 million a year ago. In a press release, the company said foreign currency exchange rates hurt the company's revenues in the quarter. If this impact was excluded, sales would have risen 19%. Sales for full-year 1997 totaled $1.872 billion, up 21% from $1.551 billion in 1996. If the negative impact of foreign exchange rates was excluded, sales would have increased 26%. The company will release its full financial results in February. Boston Scientific makes medical devices. (END) DOW JONES NEWS 01-15-98 05:16 PM Additional Codes (P/DEU, P/DHC, R/MA, R/NME, R/US, R/USE)