Guidant's Start-Up Mentality

Over the past four years, Guidant has been one of the most impressive performers among a group of high-flying big-cap device giants. But even as it wrestles with the usual problems of managing large businesses, in its penchant for self-invention and relentless pursuit of new technology, Guidant behaves more like the collection of start-ups its once was.

by David Cassak

Even in the 1990s rampaging bull market, which has supported so many companies (the August correction notwithstanding), Guidant Corp. 's success, measured in gains in shareholder value, has been...

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