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Biotech / Medical : Spine-Tech (SPYN)

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To: kblaine flaherty who wrote (135)6/4/1997 10:08:00 PM
From: .com   of 242
 
Blaine,
I only had a two week trial to Dorsey Wright which was up months ago. Loved it; never found out what they charged. Any idea? I'd be interested in paying for it if it was reasonable.

I don't have any news on the company at all. To be honest, I was looking at selling it after earning next month, or before (if there were a run-up prior to earnings), by selling in-the-money calls on the stock. However this recent volume activity is making me re-think that idea.

The only potential news is that their PMA for the BAK/C may be getting FDA consideration soon. They submitted it back in Dec. But, I don't think there was much doubt that it would get a relatively quick review and fast approval since it is so similar to their very successful BAK/L device (there are two implanted in my back right now) which was approved last September.

I'd be shocked if they didn'y beat earnings again. They smashed them last time (by 40% I think).

I doubt any of this helps, but it is all I know about them right now. Please let me know what you think of them technically at this point.

Thanks.
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