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Biotech / Medical : Spine-Tech (SPYN)

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To: jbershad who wrote ()9/26/1997 5:51:00 PM
From: studdog   of 242
 
Just my two cents.
The technology represented by SPYN is IMHO revolutionizing spine surgery. I am in the healthcare field and have seen firsthand the very dramatic results with this technology. Overall morbidity is way down and overall patient satisfaction is way up when compared to prior techniques. Something better will no doubt come along but I believe this represents a true paradigm shift in spine surgery.

That is what I am looking for in my investments, So I am back in SPYN.
THe company is not cheap but I think there is significant upside down the road. Even with competition from Danek etc.
I view any thing under $40 a buy (forward PE of about 25) and if it gets to the mid $30's a strong buy. Take that for what its worth.
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