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More - John Putnam Quotes

I have maintained all along that J&J was paying far too much for Guidant. They would pay a higher multiple for St. Jude, but it would be a higher quality situation. - John Putnam Quotes

I have maintained all along that J&J was paying far too much for Guidant. They would pay a higher multiple for St. Jude, but it would be a higher quality situation.

I can't imagine shareholders would vote against it. No one's come forward to make a counter-offer, so they better take this. - John Putnam Quotes

I can't imagine shareholders would vote against it. No one's come forward to make a counter-offer, so they better take this.

Clearly there are egos involved. Clearly (Guidant) couldn't have been happy when J&J lowered their bid, claiming there had been a material change. - John Putnam Quotes

Clearly there are egos involved. Clearly (Guidant) couldn't have been happy when J&J lowered their bid, claiming there had been a material change.

Whoever doesn't get this company is going to be the lucky one. If I were Boston Scientific, I'd certainly find something wrong in my due diligence to walk away from this. - John Putnam Quotes

Whoever doesn't get this company is going to be the lucky one. If I were Boston Scientific, I'd certainly find something wrong in my due diligence to walk away from this.

When J&J lowered the price and came in at $63 a share, it was probably closer to what is the real worth of Guidant. The only thing I can say is this behavior, certainly the behavior of Boston Scientific, is not rational here. I just think they are playing a very dangerous game. - John Putnam Quotes

When J&J lowered the price and came in at $63 a share, it was probably closer to what is the real worth of Guidant. The only thing I can say is this behavior, certainly the behavior of Boston Scientific, is not rational here. I just think they are playing a very dangerous game.

It's certainly not positive. It's certainly indicative of a more serious problem. - John Putnam Quotes

It's certainly not positive. It's certainly indicative of a more serious problem.

My reaction still is one of concern about the top line. Until that's rectified, it's problematic as to whether they can get to the kind of growth rates they're looking for. - John Putnam Quotes

My reaction still is one of concern about the top line. Until that's rectified, it's problematic as to whether they can get to the kind of growth rates they're looking for.

I wouldn't be surprised if they walked away. - John Putnam Quotes

I wouldn't be surprised if they walked away.

J&J needs to get the top line to grow 5 to 10 percent. They've got to find something that's large enough and growing rapidly enough to stimulate that growth. St. Jude could be a potentially attractive acquisition. - John Putnam Quotes

J&J needs to get the top line to grow 5 to 10 percent. They've got to find something that's large enough and growing rapidly enough to stimulate that growth. St. Jude could be a potentially attractive acquisition.

The revenue line is fairly disappointing. I can't remember the last time this happened. - John Putnam Quotes

The revenue line is fairly disappointing. I can't remember the last time this happened.

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