While the acquisition price isn't cheap, we think this is a good move for St. Jude: it adds an entirely new business line and source of potential long-term growth. On a preliminary basis, we suspect ANSI could add about $180 million to St. Jude's revenues in 2006 -- bringing the total to nearly $3.4 billion, representing growth of just over 20 percent.
-Phil Nalbone
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