Steve Brozak
Steve Brozak
Steve Brozak is the Managing Partner and President of WBB Securities, LLC, a Democratic congressional candidate in the 2004 American election cycle, and the Chairman and CEO of StormBio, Inc. Mr. Brozak was named a 2013 StarMine "Top Stock Picker" among Pharmaceutical Analysts by the Thomson Reuters Awards for Excellence, and was recognized by The Wall Street Journal as "Best on the Street" among Medical Equipment and Supplies financial analysts. Brozak is a retired Lieutenant Colonel in the United States...
above cares dictated everybody future given happens silence
The silence was really deafening, given that everybody cares about one thing Guidant. Above all, the future of J&J is dictated by what happens with Guidant.
above cares dictated everybody future given happens silence
The silence was really deafening, given that everybody cares about one thing - Guidant. Above all, the future of J&J is dictated by what happens with Guidant.
boston quietly scientific
Boston Scientific will not go quietly into the night.
mind
The thing that comes to mind is that Guidant blinked (in the negotiations).
mind
The thing that comes to mind is that Guidant blinked.
case desperate encouraged negative situation verdict waves won
Merck would have been in a desperate situation if it had not won this case because a negative verdict would have encouraged waves of other plaintiffs to come forward.
concerned entered far manner question reached surreal whether worth
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.
capital caught financial folks future given learned mercy tapping
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.
close gone original
If they had been serious, they would have gone close to -- or back to -- their original offer.
call company conference devices door knock lost means medical near number single track wonder
I lost track of the number of times in its conference call (on Tuesday) J&J 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.
initial stage validated
When you make assumptions about a drug at this initial stage they are assumptions that can only be validated years down the road.
attempted fact good silent speaks thinking volumes
What are they thinking about now? The fact that J&J is silent on that speaks volumes about what they had attempted to do before -- just to get a good price.
believe fact higher leads offer waited
The fact that they've waited this long leads me to believe they will put a higher offer on the table.
argue bird bush certainty closing face hand original return save tried worth
J&J 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.