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Biotech / Medical : Guidant (GDT)

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To: JMS who wrote (53)	11/28/1997 10:35:00 PM
From: B4TheBell	Read Replies (1) of 235

JMS, Your comments prompted a little search on GDT. Found these items on Reuters... CHICAGO, Nov 25 (Reuters) - J.P. Morgan Securities Inc said Tuesday it raised fourth quarter earnings estimates for Guidant Corp based on "booming" coronary stent sales. Analyst Michael Weinstein raised his fourth quarter earnings estimate to $0.48 a share from $0.38. He estimated stent sales of $100 million in the fourth quarter, which includes $80 million in U.S. sales (up from a previous estimate of $40 million). The balance will be generated in markets outside the U.S. Shares of Guidant were trading up 13/16 to 63-3/4. 11:35 11-25-97 *************************************** Block trade - Guidant (GDT) 100,000 at 64-1/2, crossed by Smith Barney REUTERS 12:43 11-26-97 Block trade - Guidant (GDT) 100,000 at 64-5/8, crossed by Smith Barney REUTERS 12:50 11-26-97 Block trade - Guidant (GDT) 100,000 at 64-1/2, crossed by Smith Barney REUTERS 09:53 11-28-97 *************************************** You're right. I don't think GDT should have any trouble breaking 65 soon. Maybe we should wait 'til strikes at 70 are issued... BTW, I have 4Qtr97 and FY97 earnings due 1st week in February... B4

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