The problem that Johnson Johnson and any company even half the size of Johnson Johnson faces is buying something that can impact their growth rate, and that's not an easy task.
More Quotes from Jan Wald:
The less time they give Boston Scientific, the worse it is for Boston Scientific. They have less time to react.Jan Wald
It's death by a thousand cuts.
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It's less serious than I thought it was.
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
But that is an awfully long time to look out for pharmaceuticals.
Jan Wald
I think they (St. Jude) definitely look like they are in play. They certainly would be an attractive candidate.
Jan Wald
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