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DewDiligence

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DewDiligence

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Re: DewDiligence post# 131681

Monday, 11/28/2011 2:01:23 PM

Monday, November 28, 2011 2:01:23 PM

Post# of 257301
Quiz: FDA approval of BSX’s Promus Element triggered a $40M charge against BSX’s 4Q11 earnings, an item that is buried in the PR in #msg-69267833.

Q: Why did FDA approval of a new product trigger a charge against earnings?

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

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