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Biotech / Medical : Medtronic (MDT)
MDT 101.990.0%Dec 3 3:59 PM EST
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To: Y. Bob Ai who wrote (244)2/12/1998 9:01:00 AM
From: Stuolson   of 687
 
Buy recommendation by Gruntal for MDT on Tuesday. Meanwhile story on Reuters about MDT shifting salespeople out of its interventional cardiology business( stents, catheters and other medical devices), saying "We're not as active as we have been or would like to be. We've been under pressure in that business...from the emergence of new products in the stent business. We can cover our accounts in balloon catheters and guide wires with fewer persons." This does not sound like good news to me, so jump must be related to takeover rumors.
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