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Biotech / Medical : Spine-Tech (SPYN)
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To: John Bloxom who wrote (214)12/4/1997 12:03:00 PM
From: Royalcoachman  Read Replies (1) of 242
 
Dear John,

You better learn a little more about the arithmetic of percentages before you do any more investing. 12.9% sequential quarterly growth will annualize to about 14.5%. year over year. At a 14.5% annual growth rate the stock should sell for 15 to 20 times earnings. Please see my latest post.

David
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