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Biotech / Medical : Guidant (GDT)
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To: Sam Armstrong who wrote (36)10/9/1997 1:00:00 PM
From: JMS   of 235
 
I would be a little more cautious of the earnings next week. Judging by the run-up of late, investors are expecting some serious growth. These days, earnings are completely subjective in the sense that analysts have been able to find bad in good and good in bad. Even if earnings are not that great, gdt has enough in the pipeline to drive the stock price way up over the next 9-12 months.
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