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Biotech / Medical : Spine-Tech (SPYN)

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To: David S. who wrote (166)8/13/1997 8:22:00 PM
From: jbershad   of 242
 
The release is wrong check lombard.com
it's a hold.

Zacks gives dec 97 estimate of .85 and dec. 98 1.53.
This average consensus. H&Q in its toned down earnings
estimate due to competition now has dec 98 as 1.53 from 1.60
a 1.90 from 2.30 in 1999. That if approval given to Danek.
This all from H&Q report faxed to me after close. Notice that
the dec 98 earning of H&Q are above the average for the street.
This a wild stock. Scott you recommended it. I brought it because of
you. Tell me what your feeling are. I still like the stock
and think H&Q analyst got carried away. I only have 250 shares.
I am inclined to sell half on a bounce because i think the market is going nowhere or down. It represents only a small single digit % of
my portfolio. If you recall like you I have spine problems too.

Jerry
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