Johnson and Johnson (JNJ)

[ksuave]

Just because DECN has asked for 4-700 mil doesn't necessarily mean they will receive anything.

Don't count your lawsuits until they've been settled.

I believe they filed that to get "longs" and potential investors excited.

Do you remember this from JNJ's press release in May:

The company's consumer medical device businesses have leading positions and are poised for growth. Johnson & Johnson Vision Care, the global market leader in contact lenses, expects to grow market share and exceed the industry pace of innovation by delivering two new products per year through 2020. The Johnson & Johnson Diabetes Care Companies, market leading in blood glucose monitoring, are increasing their competitiveness and expect improved market penetration globally to reach more patients. Combined, these businesses have a robust innovation agenda with a current pipeline of products expected to be filed for regulatory approval by 2018, with sales potential greater than $2 billion.

JNJ doesn't sound too worried to me.