Glenn Reicin
Glenn Reicin
Glenn Reicin quotes about
bench cooperation deep needs senior
J&J needs Guidant's deep middle-management bench and the cooperation of senior management.
agreement company expand opportunity
If the company can expand this agreement to other markets, the opportunity could be big.
decisions engineers management physicians senior simply
Simply put, engineers were making decisions that senior management and physicians should have made.
businesses fact given growth optimistic outlook quarter remain strong test underlying view
Given that the longer-term outlook for CRM is strong and the fact that underlying growth in most other businesses is unchanged, we remain optimistic about the future. As such, we view this quarter as a test of faith.
clarity future goals greater growth regarding
Greater clarity regarding this transaction and future growth goals (without the Guidant acquisition) are needed,
expand markets opportunity
The opportunity to expand into other markets could be significant.
quarter relatively view
We view this as a relatively uneventful quarter for Abbott.
changes demand device hospitals leverage medical purchasing reducing unlikely
We think it is unlikely that these changes will modify purchasing and demand characteristics of medical devices. Hospitals have traditionally had little leverage in reducing device costs.
changes procedures proposed related
The proposed changes ... related to cardiac procedures are dramatic.
continue large none pursue suspect
We suspect that J&J will continue to pursue acquisitions, but none as large as Guidant.