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Biotech / Medical : Spine-Tech (SPYN)

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To: Stratajema who wrote (108)2/11/1997 1:30:00 PM
From: .com   of 242
 
Dow Jones News Service -- February 11, 1997
H&Q Upgrades Spine-Tech Inc. To Strong Buy From Buy

NEW YORK (Dow Jones)--Hambrecht & Quist LLC upgraded Spine-Tech Inc. (SPYN) to strong buy from buy.

In a research note, the firm said the company's launch of its fusion cage for spinal fusions is likely to be sucessful, and the
company is training surgeons faster than planned, which should accelerate the ramp.

H&Q raised its earnings estimates to 34 cents a share from 29 cents for 1997 and to 70 cents from 64 cents for 1998.
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