How about Boston Scientific (BSX)?

**grapes** Fri Oct 27, 2006 8:15 pm

How about Boston Scientific (BSX)?
Blast,

It looks like this one falls a lot after winning the bid war of Guildent over J&J and later people? It looks like the reason is that there is further problem of the medical device of Guildent's. Also, they probably overpayed this deal and the pending J&J's suit. However, I saw there is a director purchase around early August of $400K around $16, namely also current level.

I know this is probably more of a growth stock. Anyway do you think the current development create some value, or at least relatively value here?

**blast_investor** Sun Oct 29, 2006 12:24 pm

Hi grapes:

This is pretty bullish sign that many insiders bought significant amount of BSX shares. Typically, insiders are long term value oriented.

I do not understand medical device market or stent market that much so that I can not say anything about this stock. However, this stock certainly is showing bullish sign because of insider buying.