JJ tried to go out there and save face (on Wednesday) and not return to its original offer. They tried to argue that a bird in the hand was worth more than two in the bush -- that the certainty of closing was worth something.
More Quotes from Steve Brozak:
If they had been serious, they would have gone close to -- or back to -- their original offer.Steve Brozak
Our military is being stretched too thin, to the point of being broken for the foreseeable future. We are asking too much and not giving enough, and we are certainly not any safer than before September 11.
Steve Brozak
I lost track of the number of times in its conference call (on Tuesday) JJ said how important medical devices were to the company. That means to me every single medical device company out there should wonder if they are going to get a knock on their door from them in the near future.
Steve Brozak
When you make assumptions about a drug at this initial stage they are assumptions that can only be validated years down the road.
Steve Brozak
The silence was really deafening, given that everybody cares about one thing Guidant. Above all, the future of JJ is dictated by what happens with Guidant.
Steve Brozak
We've entered into the surreal as far as I'm concerned with the manner that this has been reached so far. Whether or not it's worth it is a question mark.
Steve Brozak
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