Boston Scientific Corp. (BSX)
The Company develops, manufactures & markets medical devices that are used in interventional cardiology, peripheral interventions, vascular surgery, electrophysiology, neurovascular intervention, oncology, endoscopy, urology, gynecology & neuromodulation.
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Boston Scientific Corp has been around for many years and a good buy for me. this is the time to buy.
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BSX has finally bottomed out, slow and steady climb back to $30.
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finally cleaning up expenses and head count which should have been done 12 months ago. Management was a little slow in getting started but they seem to "get it" now. Debt will come down and non strategic businesses will be sold. Coated stents will slowly recover market. Main issue left to resolve is FDA letter.
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can only go up
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Boston Scientific was cut to underperform from neutral by Merrill Lynch, citing lower absolute returns relative to rivals, worries over market share and the challenge in marketing two competing drug eluting stent platforms.
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Drowning in debt. High turnover for field employees. CRM division can't release products and continually becomes less competitive in the ICD market decline that they started. Yes, I am biased.
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Future earnings are looking very bleak, the competiton has beaten them up and thye are trying to survive with very little capital. Look for worse times to come..
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The Cleveland Clinic is putting drug-coated stents from multiple suppliers in its cardiologists' hands for the next year to let doctors try the latest devices, but it appears industry heavyweight Boston Scientific Corp. isn't in the mix.
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Skip taking a chance with this company. They have lost all integrity and are about to pay the ultimate price.
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Going to be giving this one a very optimistic forecast over the winter. Profit last quarter would have been up considerably had they not had to pay out the settlement - now that that's over and accounted for it's looking less bleak.
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Insiders are cashing out on this turkey. I would take this as a serious wake up call and sell, sell, sell !!!
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Important player in a domain which is destinated to grow, seen the aging population of the western countries.
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Another big debt of 703 million added to the 300 million dollar hole they are already in. This company is starting to sound like the national debt. I need no more convincing that this was a bad, bad, bad investment. Holy SHi#$&& I just lost another $2780 while I was writing this comment. Time to call my broker and sell. Gotta go......
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stents are hot. Plus Cramer likes it. Enough not said, but I still like it.
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They've done everything but shoot BSX in the heart and install one of its own stints. It's at it's lowest PE ever and insiders are snatching it up. I say it's a bargain.
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Bio-technology in the next 5 years will doom all these type of devices made by Boston Scientific.
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Watching stock, dipping and now buying with real cash ;)
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This is an excellent Bernie Madoff invetsment, I can think of no better way to lose all your money.
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OVER PRICED

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