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Biotech / Medical : St. Jude Medical (NYSE: STJ)
STJ 80.820.0%Jan 18 4:00 PM EST

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To: Dan Hughes who wrote (21)1/2/1998 12:36:00 PM
From: Harbor  Read Replies (2) of 33
 
Value Line (Dec 12) gives STJ their lowest ranking for timeliness - 5. Per your comment VL indicated that the FDA approved market release last month for their tissue valve which should open up a $150M market for them. They also commented on some of their new products including a tiny new pacemaker. Apparently foreign currency exchange, slow European sales and slower than expected cost reduction program are holding back near term earning recoveries. Must be some news to account for its strong showing last few days. Appreciate you incite and knowledge on this company. Still looking for a better opportunity.

Harbor
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