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Biotech / Medical : Medtronic (MDT)
MDT 100.76+1.1%Dec 10 3:59 PM EST

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To: Jorgen Jensen who wrote (44)4/8/1997 10:50:00 PM
From: Gottfried   of 687
 
Jorgen and all, some news...

Vector Securities International Inc initiated coverage of MEDTRONIC INC. with an attractive rating. Fundamentals in the core businesses for the medical devices manufacturer remain strong, Vector analyst David Gruber said in a report. He added that pacemakers represent 60 percent of the company's operating income and limit downside risk. Vector estimates earnings per share at $2.23 for FY97 (which ends in April) and $2.65 for FY98. (Reuters 12:52PM ET 04/08/97)

Gottfried
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