There has to be a reason for a CEO acting as stupidly as Tobin did on the CC yesterday. He must have been against the GDT deal from the start, and is now throwing punches. Either that or he has gone mad. JNJ would have handled the CC is a more professional and ethical manner. Anyway, analysis would seem to indicate a BUY at these levels.
Not familiar with the structure and personalities at the top of the BSC heirarchy. Does Jim Tobin always make the off-the-cuff statements like he did at the concall? I believe it was he that said something about others having the same problem with the capacitor supplier - that didn't go over well, either did his statements about more issues brewing. I'm all for being blunt, but Tobin needs to think before speaking and consider having someone else handle these type of meetings. The markets response says it all - not well prepared, not well received.