Thad issued a challange last
September...something like "wait and you'll see who the winner is".
That did it for me...I sold STJ, took the losses and
went long on GDT and MDT. Here's the 3 month score
card: STJ +15%, MDT +30%, GDT +45%. I increased
positions in a few other areas, thanks to advice from
OneWho, including: TYC +30%, MNMD +50%, VTSS +60% and
AMAT +70%. Rough numbers of course but you get the
idea. And the idea is, and will be , that until
something changes at STJ there are so many better places to
put your money.
The word from inside remains
grim...CRMD has something worse than no leadership i.e. bad
leadership. The *arks remain un-involved or un interested,
Operations is being guided by Song, Reyolds, Hafelfinger,
Inc. and they are way out of their league. Pless is
now designing the products MDT just released.
Affinity launch will not be on time. And, the "good" news
from Corporate is the Guidant settlement. Which, by
the way, GDT offered to settle out of court for 3X
the award. That was several years, lawyers,
consultants and thousands of dollars ago. Can't find much
good news in valves, either, unless you consider the
erosion of sales and ASP advantages.
To Ron and
The Board: You managed companies that were #1 and #2
in their fields into obscurity, you trashed the
careers and hopes of thousands of people, you've made the
phrase "share holder value" as much of a joke as the
term "Guiding Principles" and you've shown your true
characters by the people you put into positions of
responsibility. You will be a case study in B-Schools. People
will start calling those decisions that destroy
My hopes are that your
holiday enjoyment matches your performance.
"...hang in there..."
Perhaps that is what
is needed at STJ; a long ride on a short
DOES ANYONE SEE A PATTERN HERE? Wonderful new devices,
that will be available AFTER the market has moved on.
Mr. Matricaria, in an attempt to find success,
continues to diversify and expand, but as of yet, is unable
to show *significant* progress in
Looks like a real close also ran. An almost made it
I should have taken your advice about
Not at all hopeful.
When I spoke to St.Jude on the phone two weeks
ago they stated comfort with .36 cents vs. .30 a year
ago.I really wonder even though this represents 20% if
they are playing a card for a surprise.She really
actually bothered with her lack of enthusiasm.Then we get
this latest news breaks that would surprise the most
optimistic.Then again she usually will do this.One would have to
wonder with all the early approvals,I think we will do
better than .36cents.St.Jude is turning a corner and
that is a fact.
I am sorry if my *challenge* was ambiguous.
Although I find your personal position enlightening, all I
really wanted was a good reason to stay invested. You
might be right. 28 is probably as good of a place to
sell as any other we may see this quarter, (although
personally, if I wanted to day trade stock I would trade
Internet stocks). By the way, 3 points over 1000 shares is
over an order of magnitude removed from my misguided
To me at this point, the real question is when ...if
ever... will STJ regain the ground it has lost in the
last five years. After that, we can talk about
actually making money.
I apologize for my slow wit and lack
of information, but, what is the relationship to
47,000 share of STJ and liberals?? And why should that
piss them off???
Thanks in advance for the
I don't really care what anyone thinks about what
I say.However I do pay attention to those who
listen.By the way Bbirep I have 47,000 shares.That will
really piss off those liberals.I expect to have a good
week and St.Jude is heading up.