SurModics Inc (SRDX)

[skiplarson98]

I had not planned on going this year, but the fact of your being there certainly makes it tempting. I am enroute Austin, TX tomorrow in an attempt to get warm on my bicycle. Feb 7 is a bit later than usual. Maybe Minnesota will be balmy by then.

I responded by private message and then looked in here to see your message was public. I share Foolish Premise' concerns and viewpoint.

On one point I'm relatively sanguine. Phil has been able to adapt in several of the situations which have come up at SRDX. I think he is a conservative and pretty straightforward kind of guy. So I actually kind of hoped he might be named permanent CEO. But I do wonder about his relationship to Brookwood. I think they were an artifact of Bruce's creativity.

Best, L.