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Boston Scientific Corporation Message Board

  • jams5006@att.net jams5006 Oct 6, 2009 8:46 AM Flag

    early price drop

    Why the sudden price drop in early morning, as low as 9.43?

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    • STJ is still expecting revenue growth of 10% on a constant-currency basis, and STJ CRM is still expecting around 5% revenue growth constant currency. BSX has a negative EPS, so to think that BSX is somehow outdoing STJ is absurd. STJ is maintaining their market share against BSX/Guidant and MDT, there is certainly no way that BSX is taking share away from them. Another point to remember is that ABT and STJ have a bundling deal where ABT's coronary stents are bundled with STJ's CRM products, to better compete against BSX and MDT.

      Plus, STJ gets to keep the money it earns, BSX has to ship their cash off to JNJ for patent infringement!!!!!!

    • I've been waiting for BSX to get high enough to sell, but maybe it is low enough to buy some more.

      Nah, I think I'll just bang my head on the wall instead, so I can limit the pain. ;-)

    • STJ warned this mourning. STJ down 15% and MDT and BSX down in sympathy.

      I've listened to the last few cc and investor presentations Ray Elliot and company have made. They keep talking about taking market share in CRM. Could this be one of the reasons STJ warned and may this actually turn out to be a positive for BSX. I guess we'll see at the end of the month with the next earnings report. GLTA

    • STJ getting killed on lower estimates and earnings miss this
      morning. Sector feeling the heat. STJ news good or bad for BSX?
      STJ lowers sales forecast. BSX to benefit or suffer the same forecast?

 
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