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Tuesday, 13 May 2003
May 13, 2003
Not a great day in the market. Scanned the lists but nothing fits our criteria. STJ down $.38 at $54.92. Actually this is quite strong after the big move yesterday. Not much selling interest on this stock today at least. St. Jude, looking through the news, is making a purchase of a company that uses ultrasound energy to treat atrial fibrillation, a common cardiac arrhythmia. Reading through the Morningstar figures on this company, one can see the LARGE amount of free cash flow generated and thus the easy acquisition. Thanks for stopping by.


Posted by bobsadviceforstocks at 10:12 PM CDT | Post Comment | Permalink

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