Steve Brozak Quotes (11 Quotes)

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.

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.

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.

Boston Scientific will not go quietly into the night.

This is death by a thousand cuts. Even if they win the preponderance of cases, they are still in the unenviable position of having to defend against literally thousands of cases.

I don't see how this can end well. I think the perception is that the deal will collapse and it will be full legal employment for both sides. I cannot see how they can avoid this all ending up in court.

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.

If they had been serious, they would have gone close to -- or back to -- their original offer.

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.

When you make assumptions about a drug at this initial stage they are assumptions that can only be validated years down the road.

Given their financial acumen, they are pretty much self-sustaining for the foreseeable future. They've managed that by tapping into the capital markets. These folks have learned very well they don't want to be caught at the mercy of anybody.