Spine-Tech (SPYN) Message Board

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Biotech / Medical : Spine-Tech (SPYN)

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To: .com who wrote (73)	10/30/1996 7:05:00 PM
From: Royalcoachman	of 242

Hambrecht & Quist and Robertson, Stevens & Co. just reiterated a buy recomendation for SPYN today. H&Q is estimating 36 cents for next year and R&S is estimating 77 cents for next year. Seems a bit of a spread in the estimates. One of the analyst says that the stock is going to 45 in 18 months. He bases his prediction on the stock selling for 35 times his 1988 earnings estimate of $1.30. This analyst is exceptionally brilliant because he can predict with accuracy both the earnings per share and the price earnigs ratio more than two years in advance. Furthermore, he predicts that the market will achieve a price earnings ratio based on expected earnings. I would like to find out where this guy went to college, because I want to send my kids to a school that can make people this smart.

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