When I read the news release it doesnt sound like much more than a court proceding where nothing much is settled except more court appearances and jurisdictions. Does anyone really expect that BSX could gain full control of Medinol?
It's interesting to note that often times when bsx has good news, Medinol tries to rain on their parade by comming up with some bad news. The timing of ostensibly negative news re Medinol issues is interesting. One has to wonder if the Israeli courts are not also complicit in this.
I wouldn't be suprised to see bsx have a good march quarter. I also wouldn't be suprised to see medinol come up with some more bad news right before or right after bsx's eps numbers are relaeased. Medinol is trying (probably out of spite) to keep bsx's market cap down or do what it can to at least slow it's advance. jmho.