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Biotech / Medical : Guidant (GDT)

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To: Lighthouse who wrote (190)	11/22/2001 8:53:36 AM
From: D.Austin	Read Replies (1) of 235

Did bullish Bear Stearns really miss out on the 80+ % move from July ??? 11:41AM Bear Stearns bullish on STJ (STJ) by Michael Baron St. Jude Medical (STJ) is rising $5.68, or 8.2 percent, to $74.78, after Bear Stearns raised its rating on the company's stock to "buy" from "attractive" due to recent positive results of a multi-center automatic defibrillator implantation trial reported by Guidant (GDT), which the firm also upgraded. The trial (see 10:04 am ET item) showed that the implanted defibrillators reduced mortality by 30 percent compared to the control group. These positive results led to the trial's early termination. . . .Happy Thanksgiving and God Bless the USA

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