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Biotech / Medical : Medtronic (MDT)
MDT 101.990.0%Dec 3 3:59 PM EST

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To: tonyt who wrote (253)2/19/1998 8:28:00 PM
From: William L. Oppenheim  Read Replies (1) of 687
 
That Inside Wall Street Article was such a good summary that I don't really need to respond. Fact is I did sell 1/2 of my position today, because it seems a little volatile. Perhaps others feel the same. It was downgraded by Merill Lynch. I've owned it for long enough that it was time to trim some away due to the gains it made over the past year so I wouldn't have too much capital tied up in any one stock. I feel very comfortable holding the other half, and if the stock dips more, I may be able to repurchase to rebalance once again. I certainly didn't lose money by following the stock up 75%, and allowing it to give back 7 or 8%.
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