If you're a Guidant shareholder, you have to ask yourself whether you'd rather hold Boston paper or Johnson Johnson paper. I would rather hold Boston, because I'm holding Guidant for growth.
More Quotes from Jan Wald:
My sense is JJ is going to have to acquire to get a growth rate that investors will think is respectable.Jan Wald
The less time they give Boston Scientific, the worse it is for Boston Scientific. They have less time to react.
Jan Wald
We think that most investors do not appreciate how far along BSX might be in rectifying this problem in a timely manner, because a fix was in process at the time of the FDA inspections.
Jan Wald
People are Guidant's most important asset, ... so there are hard trade-offs for Guidant to work through.
Jan Wald
It's a bird in the hand.
Jan Wald
After all the noise they made, there would certainly be a lot of questions asked (if they raised their bid).
Jan Wald
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