Spine-Tech (SPYN) Message Board

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Biotech / Medical : Spine-Tech (SPYN)

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To: C Overton who wrote (74)	10/21/1996 12:17:00 PM
From: .com	of 242

I noticed the price dropped about 2 points after the earnings were released and is now up 1/2. I spoke with their CFO about the earnings a few weeks ago and he expected them to be poor because they were dumping huge dollars into building training labs, marketing, hiring and training a sales force, etc. I think in an article in Reuters a few weeks ago he was quoted as expecting the company to reach the high end of the projected earnings range for the next fiscal year (if I am remember correctly, he was anticipating somewhere in the $1.75 per share range). Thus, the future certainly is rosey for this company. My surgeon is attending their training session on Nov. 14 and 15 and I should get my surgery with their device around thanksgiving.

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