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Re: msl2008 post# 5596

Tuesday, 07/21/2015 7:48:44 PM

Tuesday, July 21, 2015 7:48:44 PM

Post# of 14780
The only reason to do this .....(because I am sure Doug is very aware of the share price and how an 8K like this could appear to a shaky investor)..... Is because Doug believes that there is significantly, very significantly more money to get from Stryker by holding on here and NOT taking whatever is on the table right now. The stock issuance is very marginally dilutive and I'm sure it kills Doug a little to do it and the additional interest expense does not appear to be too costly given most of this has been paid down already. A necessary evil though one that also puts greater importance on the Stryker case

Very nice to see a fund like Royce take over a 3% stake in the company. They are not flippers and hopefully have room to support the stock going forward
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