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Medtronic plc Message Board

  • syalliecat syalliecat Jun 29, 1998 8:51 AM Flag

    MDT & Physio Control

    Is this good news? It sounds like a good long term move but how will the market react today? MDT is issuing 12 million more shares - based on this info, MDT may go down today. Who knows?

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    • Medtronic shares will probably drop some today,
      but don't sell.
      Physio Control is a good company
      with great products. They were smart years ago and got
      out of the medical monitoring business and devoted
      all of their attention to where they were best at,
      which is external defibrillators. They are the market
      leader in that area. Their new defibrillator (lifepak
      12) will be getting a lot of orders. They build a
      solid and reliable product. Now Medtronic will be the
      market leader in external and internal defibrillators.
      If they can consolidate similar areas, it will be
      very good to the bottom line.

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