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Biotech / Medical : Medtronic (MDT)
MDT 101.25+1.9%11:50 AM EST
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To: Dennis who wrote (346)10/20/1998 1:07:00 AM
From: William L. Oppenheim  Read Replies (1) of 687
 
Can't disagree with you, except that double digit growth still doesn't equate to a PE of 60, especially if you think that there will be a general economic slowdown. The company could easily have double digit growth *and* still fall in price. That was my only concern.
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