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Boston Scientific Corporation Message Board

  • lgorrell3100 lgorrell3100 Jul 1, 1998 8:15 PM Flag

    Change in Philosophy?

    Does anyone have an opinion as to whether all the
    acquisitions (12 since 1995)BSX has made would be a "change"
    in philosophy? And, do you think the acquisions are
    good ones? Lastly, our investment club purchased BSX
    last April for around $50 and they're chomping at the
    bit to "capture some profite." I think they're VERY
    premature...Any thoughts?

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    • I stopped by the BSX homepage and selected a few
      items from their mission and philosophy statement. I
      believe from past performance there is clearly a long
      term committment here. The following 3 items are from
      a list of about 10 or so. I think they speak
      directly to your concerns.

      �To encourage
      innovation, experimentation and risk-taking

      �To
      recognize bureaucracy as an arch enemy and not allow it to
      inhibit our good sense of business and creative spirit


      * �To provide shareholders with an attractive
      return through sustained high-quality growth
      *

      BTW, I also think you may be right on with 'VERY
      premature'.

      Regards, Hal

 
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