28 Quotes by Thomas Gunderson
- Author Thomas Gunderson
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There will be a lot of noise and statistics and science in their battle for market share, but in the end, I doubt things will change much.
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- Author Thomas Gunderson
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A combination of new product launches, contract selling, Guidant missteps, and a favorable market dynamic have increased St. Jude's overall worldwide market share.
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It's a pretty complex juggling act. It adds a level of risk we haven't seen before.
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St. Jude has a very rich stock price right now.
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They are not for sale, they are not looking to be for sale and they are happy doing what they are doing which is adding new products and growing like a weed.
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They are more bullish about their ability to pay down their debt than Wall Street had expected.
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In my experience, these investigations can take years and generally don't have any immediate influence on the fundamentals of the companies.
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I'm leaning toward J&J not increasing their bid and essentially taking a walk, but it's close.
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If there is a bidding war, the last bid may be the 'losing bid' because that will be the amount that is outlandishly excessive and the 'winner' will have to live with their too-highly priced acquisition.
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