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Here is a quote that got my attention, from John Cottingham's post: " Medtronic is a market leader in supplying these implantable cardiac devices, which accounted for just under 50% of its sales. Last year, revenues grew by 19%, to $9.1 billion, while net earnings surged by 23%, to $2 billion." This works out to a 22% profit. This profit is after expenses like RD, advertising etc. It strikes me that this is excessive. By comparison IBM, which is a successful high tech business, had an 8.6% profit. It sounds to me that certainly in Medtronic's business the profits are huge which of course reflect itself in the cost to the consumer, us the patients. So if you are wondering why the cost of medical care is skyrocketing, here is a component. Something to think about. K. F. Etzold cg Carline ---------------------------------------------------------------------- To sign-off Parkinsn send a message to: mailto:[log in to unmask] In the body of the message put: signoff parkinsn