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Biotech / Medical : Spine-Tech (SPYN)

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To: Bruce Payne who wrote (22)	8/12/1996 3:47:00 PM
From: .com	of 242

Cannot give you my source on FDA timing. Sorry. I have confirmed their submission of FDA requested materials/responses with SPYN's CEO and CFO. Both of those folks, especially CFO, expect approval this month based on feedback from FDA. Cannot give you H&Q's revised estimates bacause I don't know them. I was told about the upward revenue estimates today by SPYN's IR, and she read me a prepared statement. I suggested that she issue that statement as a press release and she said she mention the idea to the CEO. I don't think they have an internal PR person. It is an agency they contract out with.

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