Spine-Tech (SPYN) Message Board

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Biotech / Medical : Spine-Tech (SPYN)

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To: Dr. Raymond E. Novak II who wrote (13)	8/9/1996 11:21:00 PM
From: Bruce Russell	of 242

Dr. Novak: (1) There are a lot of people with degenerative disks. (2) Surgeons love to do surgery (total cost for one of these is around $45,000.) (3) Spinal fusion appears to help a lot of people. (4) This technology promises to offer a better spinal fusion technology. (5) Spine-Tech appears to have excellent technological and managerial talent. (6) This could be a $500M market in 2000. Market cap is now around $200M. There will be at least two other competitors. Spine-Tech looks to shape up well against the competition and will be first to market. (7) If this is a successful technology they are likely to be bought out. Please give me some negatives as to why I shouldn't buy. Down 2 points in the last 2 days. Is there more? I'd like to buy in at about 12. Thanks. Bruce

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