It is another indication that the processes could have been better but the company is working hard on it already.
More Quotes from Jan Wald:
What the FDA seemed to be saying is that it doesn't know if Boston Scientific has a systemic, corporate-wide quality policy, and until it does the FDA will not permit the company to gain product approvals in adulterated plants.Jan Wald
There was nothing in the earnings report that would renew investor interest.
Jan Wald
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.
Jan Wald
It's less serious than I thought it was.
Jan Wald
It appears that a good portion of doctors are willing to give Guidant a fresh look in their practices, and perhaps faster than most believed.
Jan Wald
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