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Biotech / Medical : Medtronic (MDT)
MDT 92.21+2.4%Nov 7 9:30 AM EST

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To: Dennis who wrote (487)5/2/2000 3:19:00 PM
From: Tunica Albuginea  Read Replies (1) of 687
 
Dennis, all my previous recommendations, MDT, JNJ,HRC are up
nicely on a day when Dow is down 70 and the Naz is down 105.

I am adding today THC:

Message 13541663

( note:there is an error in the 1 year target by
Merrill, in the above post: it should be 33.5 , not 44 )


This is an extremely well managed Hospital Chain.
123000!! employees!!
28% 5 year growth.
Earnigs rebounding at 367% growth so far this year. (They where
down so much in the past ).

As health Care is turning, THC will be using MORE and MORE
the MDT products in their 110 hospitals.
HRC will also be using
more and more MDT products for that matter.
IMHO <vbg>.

HMOs and insurers will be paying
the asking price!! also IMHO.

They are No 2. The No 1 is Columbia HCA but we know the
shenannigans and fraud they have been in. They will not
turn around as fast as THC.

Bought today at $24, THC should easily go to 33.5 ( Merrill's 1 year target ) in 1 year
with a return of almost 50% !!

TA
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