This is only a short-term opportunistic buy. With last weeks big hit, we now feel the company is closer to it's true value. What can we say, we love taking on injured prey:)
http://www.mentorcorp.com/global/
http://investing.reuters.co.uk/news/articleinvesting.aspx?typ...
http://news.moneycentral.msn.com/provider/providerarticle.asp...
Mentor Corporation (Mentor) develops, manufactures and markets a range of products serving the aesthetic medicine market, including plastic and reconstructive surgery. Aesthetic surgery products include surgically implantable prostheses for plastic and reconstructive surgery, capital equipment and consumables used for soft tissue aspiration or body contouring (liposuction), and facial aesthetics products. The aesthetic medicine products fall into three general categories: breast implants, body contouring and other aesthetics, which includes facial aesthetics products. The Company operated in three segments: aesthetic and general surgery, surgical urology, and clinical and consumer healthcare. On May 17, 2006, it entered into a definitive purchase agreement for the sale of its surgical urology and clinical and consumer healthcare business segments (the Urology Business).