>>>>>>>>>>>>>Very little discussion on the International penetration--maybe they have now figured out that in Italy they read Italian,,,,damn they just did the French version last qtr after they discovered that in France, they spoke French...do these guys even have passports???do they know where to take a passport picture?<<<<<<<<<<<<<<
This probably comes as a surprise for an investor that is not familiar with the old Abbott Hospital Products Division. Let me explain the cycle to you so there will not be any confusion in the future. First, there are announcements of grandieos plans and developements, then there will be a period of stalling and excuses why the stated plan is not going forward. Some of the classic HPD/Hospira excuses are related to marketing, sales, or some uncontrollable outside force. The end result is that the company does not deliver on anything! Time to start the cycle over again! This management style worked under the Abbott umbrella because there was very little influence on the stock price. The Hospital Products division was a lead weight with ancient/dieing products lacking the talent and initiative to innovate. Couple this with the huge financial liability for pensions and benifits and it is clear why Abbott did what it did. It amazes me to watch HSP continue with the same approach!! HSP must be like a combat soldier, when in a life or death situation, all the hours of training take over and management reacts accordingly. Don't expect results from a management group that has been trained in the style mentioned above for the last 20 years.