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DewDiligence

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DewDiligence

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Re: locksflooring post# 35

Tuesday, 05/04/2010 2:06:49 AM

Tuesday, May 04, 2010 2:06:49 AM

Post# of 88
Although the regulatory issue with the Colleague pumps is very old news*, the last thing BAX needs right now is a new excuse for investors to sell. Alas, the new one-time (pre-tax) charge of $400-600M will be just such a reason for some investors.

*The FDA consent decree dates to 2006, and the malfunctioning of these devices goes back to the 1990’s.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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