Tuesday, October 28, 2008

Take A Pass On Boston Scientific (BSX, MDT, STJ)

http://community.investopedia.com/news/IA/2008/Take-A-Pass-On-Boston-Scientific-BSX-MDT-STJ1028.aspx

Some day BSX will a spot-free company. On that day, I'll eat my monitor.
I also made that bet 10 years ago. Have never had to pay up ... not too worried about ever having to pay up on it.

2 comments:

Parkite said...

Totally agree with you on buybacks. I think it is just a way to offset ESO dilution. I'll take a dividend anyday, however.

Stephen Simpson said...

Precisely.
I like dividends. Dividends are good. Dividends work.

Unless you're borrowing money to pay the dividends. Then, dividends not so good...