33 ordspråk av Thomas Gunderson
Thomas Gunderson
A combination of new product launches, contract selling, Guidant missteps, and a favorable market dynamic have increased St. Jude's overall worldwide market share.
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Another company could have been in that situation and not have been able to take advantage of the situation. They were ready to have good luck.
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Arden Hills is what's providing the cash flow right now.
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Boston Scientific has always been impressive -- they've done so many acquisitions over the years. They have a SWAT team that is just at its peak -- they come in and say hey, we're going to do a deal, and boom.
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buy.
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Each would like to keep the other from having Guidant.
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He is an extraordinary manager and leader of St. Jude, and he is in the right job for him. You need to be independent, hard-driving and be your own person. You're small and playing the rules close to the edge. That's not the J&J way.
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I think it's brilliant. The worst-case outcome for them is that they delay Johnson and force them to pay several million dollars more for Guidant, which weakens them as a competitor.
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I think Jim Tobin is a great captain of the ship.
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I think they are a good match,
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I'm leaning toward J&J not increasing their bid and essentially taking a walk, but it's close.
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If there is a bidding war, the last bid may be the 'losing bid' because that will be the amount that is outlandishly excessive and the 'winner' will have to live with their too-highly priced acquisition.
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In my experience, these investigations can take years and generally don't have any immediate influence on the fundamentals of the companies.
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It's a pretty complex juggling act. It adds a level of risk we haven't seen before.
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Q4 is behind us, and what the Boston Scientific investment thesis is now is the future, and particularly the future with Guidant.
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