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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 (506)8/28/2000 10:39:20 PM
From: Jack Hartmann  Read Replies (1) of 687
 
Nice MDT article in the S&P Outlook today.
Some Highlights.

- Company is well positioned in the growing medical device field.

- In the near future, management expects to achieve number one position in all its markets while pursuing opportunities in emerging areas such as congestive heart failure, next generation coronary stents, miniaturized pacemakers and abdominal aortic ancurysm grafts.

- Expect 15% growth n the cardiac rhythm division

- Expect vascular division to show revenue growth of 20%

- Neurology division capable of 25% growth in FY 2001.

- FY2001 revs expected to advance 18%, earnings to grow 20%

- Five star rating as a core investment for superior long term gains.

Jack
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