Thomas Gunderson
Thomas Gunderson
expected market overall smaller
That (smaller market share) was expected. What wasn't expected is that the overall market is smaller than anticipated.
behind boston future investment scientific thesis
Q4 is behind us, and what the Boston Scientific investment thesis is now is the future, and particularly the future with Guidant.
bid expensive jude pay price
The price that I think you'd have to pay for St. Jude would be even more expensive than what Guidant is being bid for today.
contract dynamic favorable increased market overall product worldwide
A combination of new product launches, contract selling, Guidant missteps, and a favorable market dynamic have increased St. Jude's overall worldwide market share.
aggressive fell short
They fell a little short of our aggressive ICD numbers.
battle change doubt market noise science statistics
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.
adds complex juggling level risk seen
It's a pretty complex juggling act. It adds a level of risk we haven't seen before.
amount bid excessive last
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.
boston feeling good next street wall
Wall Street did not have a good feeling for what's next for Boston Scientific.
authority full good time
Tobin being here full time is good ? you want someone with authority on site. That will make decision-making a lot faster.
delay dollars force johnson million outcome pay several
I think it's brilliant. The worst-case outcome for them is that they delay Johnson and force them to pay several million dollars more for Guidant, which weakens them as a competitor.
close job leader manager playing rules small
He is an extraordinary manager and leader of St. Jude, and he is in the right job for him. You need to be independent, hard-driving and be your own person. You're small and playing the rules close to the edge. That's not the J&J way.
captain great jim
I think Jim Tobin is a great captain of the ship.
company irony
The irony is, J&J could have had this company for $76 a share.