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Stocks W / Wilson Greatbatch
|Subject: A Nasty Jolt to Greatbatch||Date: 2/23/2006 3:28 PM|
|Author: TMFTwitty||Number: 22 of 24|
A Nasty Jolt to Greatbatch
By Stephen D. Simpson, CFA
February 23, 2006
If you appreciate irony, you might like this story.
We've heard, from the likes of St. Jude (NYSE: STJ) and Medtronic (NYSE: MDT), that ICD sales growth was on the low end of expectations and the market's not quite growing like it was earlier in 2005. You might think, then, that medical battery and component provider Greatbatch (NYSE: GB) saw a little softness on the top line and that's what sent the stock down....
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