Spine-Tech (SPYN) Message Board

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Biotech / Medical : Spine-Tech (SPYN)

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To: .com who wrote (144)	6/20/1997 3:33:00 PM
From: Stratajema	of 242

Scott. Lots of price action today on SPYN. H&Q is touting the stock today with absurd income projections to keep SPYN from selling off. When analysts start doubling earnings estimates from their previous estimates only 2 months ago then you know they are desperate and it might be time to move on to another stock. There is no 'real' additional information available to H&Q now that wasn't available two months ago yet they chose to double earnings estimate. This stock is in an excellent position for a short-term options strangle. Spine-tech still is a great company even though they have an excessively touty analyst covering them. Good luck. - David

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