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Biotech / Medical : Medtronic (MDT)
MDT 101.34-0.6%Dec 5 3:59 PM EST
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To: Flan who wrote (75)6/2/1997 8:02:00 PM
From: Y. Bob Ai   of 687
 
David:

You forgot to mention their EPS will grow at estimated 19-20% in the next few years. They are also investing heavily to identify new opportunities. Some of their new businesses are growing at about 30%. With good management, stable business, you bet I am willing to hold this company for as long as there is no good reason to sell. I will not be aggressively buying at this level, but I will not be a seller either. If it drops significantly, I will definitely be a buyer again.

I could be making a mistake. Only time will tell.

Bob
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