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Biotech / Medical : Medtronic (MDT)
MDT 102.020.0%Dec 4 3:59 PM EST
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To: Dennis who wrote (184)1/11/1998 11:08:00 AM
From: Stuolson  Read Replies (1) of 687
 
You have to remember that MDT is a high PE stock, but earnings growth has been virtually nonexistant for a number of quarters. UBS lowered their estimates to $1.30. I would not be surprised to see the stock test 40 sometime this quarter. Just my opinion and remember always do your own research.
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