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Biotech / Medical : Medtronic (MDT)
MDT 101.34-0.6%Dec 5 9:30 AM EST
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To: TradeOfTheDay who wrote (79)6/5/1997 4:10:00 PM
From: Flan   of 687
 
Nice information but if 50%+ of their revenues are coming from pacemaker sales and that business is growing in the single digits why would you buy MDT which is trading at 33 P/E to trailings 12 mos revenues - With Guidant sales penetration increasing everday - their core business definately looks vulnerable - Your thoughts ?
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