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Boston Scientific Corporation Message Board

  • significantsnoring significantsnoring Aug 6, 1999 1:29 PM Flag

    BCX recalls stocks

    BCX was discussed by Joe Kernen today. The company recalled two drugs and the stock is down.

    http://www.techstocks.com/~wsapi/investor/reply-10387374

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    • Ya'll are two-faced!!!

      When the stock is
      performing "well" their is a strong belief in the company,
      the management, and the technology

      When shit
      happens (like today), everybody becomes
      financially-oreiented and is scrambling to sell or debating to
      accumulate

      Where are the believers in this company today to tell
      me how good things are (the products, the
      management, the future)?

      Fact is the company is
      garbage and (to repeat earlier postings) run by strictly
      financially-driven billionares with no concept of medicinal
      scientific development (read: numerous product recalls in
      the past year, DOJ...).

      Let it be known there
      is more negativity to follow.

      Make your money
      on the ups and downs of this stock if you can, but I
      would appreciate all of you perpetrators to confess
      that the focus of this company is not to provide the
      best life-saving medical devices possible.

      • 1 Reply to dams_suck
      • I did not even think your posting was worth a
        reply. However, I feel it is my duty to tell you that
        your are a an absolute fucking idiot. You obviously
        don't have a clue about the hundreds of thousands of
        lives that have been enhanced or saved by BSX products.
        Let's reiterate that this is a VOLUNTARY recall. The
        plan to fix this product is already in the works. BSX
        should be commended for developing and marketing safe,
        effective, and revolutionary products that literally save
        lives. 3 MDR,s out of 35,000 procedures is hardly a
        major malfunction. I wonder how many other companies
        would have the moral conviction to withdrawl a 120
        million dollar product with a 99.99915% success rate?

    • Hmmmm...I do not disagree with any that says this
      most recent recall isn't an issue. However, according
      to the company, they took quick and decisive action
      regarding this problem. That is very important!


      Unfortunately most companies have recalls of one sort or
      another...sometimes they are for stupid things, other times for very
      serious safety concerns.

      Guidant is not without
      similar types of issues:

      9/23/98 Ventak AICD's
      Class II recall

      12/98 ACS RX Comet VP Mislabel
      allowing a .5mm balloon to be used in a 3.0 mmcoronary
      artery

      3/29/99 8761 Pacemakers field action

      ACS Coronary
      Stent System and Dilatation Catheter: shipped certain
      size products in the U.S. without U.S.
      approval

      11/4/98 Field Correction for AICD's: Pacemakers may cease
      functioning without warning due to a compromised hermetic
      seal on a chip carrier

      9/18/98 Class II recall
      faulty programmer software

      6/12 and 6/30/98 Class
      II recall for promotional literature for
      "Unauthorized newsletters sent out containing inappropriate use
      of the device

      12/8/97 Ventak AICD models 1810
      and 1815:"could...inappropriately deliver brief
      periods of pacing at 190 bpm

      11/22/96 Ventak Mini
      AICD: wrong adhesive used

      4/18/95 Safety Alert
      regarding the Ventak PRx AICD...

      I still believe
      that BSX is on its way of straightening out their
      problems...I think Tobin is someone that "walks the
      talk"...and his message is coming out loud and clear...I
      think he is clearly disturbed and already taking
      action...give him a chance...

    • I don't work for BSX so my day to day knowledge
      of the developmental status is rather limited. I was
      in IC from '83 to about '92. Left medical, came
      back, now out again - but am still very close to the
      market and the folks running the big three. Have lived
      in the Bay area since about '94. There's probably a
      group on these boards who used to drink together as
      kids in the early 80's while surgeons were telling us
      that PTCA was a fad! I know we agree on the gyrations
      of the BSX price, terrific traders stock but no my
      cup of tea. If it moved faster I'd do calls but it
      tends to get "stuck" rather often.

    • I am enriched with my 5,000 I purchased 2weeks
      ago at 1.80 p/sh. Have you been able to establish a
      message board site with UK/Yahoo or any of the other?
      (With all due respect to those that see Biocompatibles
      and BSC do not have a interrelationship.)
      Woody,
      by the way, excellent call on CTSI.
      and....to
      those admirers who found BSX to be agargain at 30-32.
      How do you say...YOW! Have a great weekend.

    • the_biocompatible_mantra the_biocompatible_mantra Aug 15, 1999 5:15 AM Flag

      Thank you for the information.This buying is
      small compared to what can happen when the Analysts and
      the Fund Managers start waking up to this Company and
      its Stent !
      Currently its investors like you and
      me who are buying , resulting in the share price
      going up steadily.My gut feel is we will see a staedy
      rise to approx 8 - 10 before the AHA meeting in Nov ,
      but the real gains will come when there is big volume
      buying by the Fund Managers after the analysts get a
      surprise at the AHA - I hear that the initial results are
      good and what will be presented is Angiographic
      followup data from the early cases as the angiographic
      data for the last few cases are expected to be
      complete by early Dec'99. Now my sources may be off by a
      2-4 weeks margin , so lets wait and see !
      Hey
      GUVERNOR where art thou ? Any new information ? Any thing
      that we should know ? With your gains you are probably
      on a deserved vacation !
      Lets hear from you
      soon...

    • Yeah, stents designed to slip off delivery
      systems. You sound like an engineer for DCA or Laser who
      is very happy to see problems with Rotablator
      because you feel it represents a major opportunity for
      you. Good luck with your device. I'm long. Stock is
      up. I assume your neither long nor short, so it
      doesn't matter to you either way.

    • i'll believe it when i see it!

      Q:
      interventional cardiologists are just going to flock and buy a
      huge piece of capitol equipment, to operate a medical
      device that is still unproven (?)in in-stent restenosis,
      without looking at some of the other debulking options
      first?

      A: the equipment will still collect dust in the
      corner of the supplies cupboard

    • Boston Scientific Reiterated `Strong Buy' at Banc
      of America


      Princeton, New Jersey, Aug.
      23 (Bloomberg Data) -- Boston Scientific Corp. (BSX
      US) was reiterated ``strong buy'' by analyst Kurtis
      H. Kruger at Banc of America Securities. The price
      target is $55 per share.

    • Woody

    • How do I get a quote for biocompatibles. Which market is it listed under. I can't get a quote on Yahoo under BCTBF or Bii

      Thanks in advance

      Lo

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