Medtronic (MDT) Message Board

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Biotech / Medical : Medtronic (MDT)

MDT 92.65

+0.5%

Nov 10 3:59 PM EST

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To: Ernie Kelley who wrote (406)	5/27/1999 10:48:00 PM
From: Mike	Read Replies (3) of 687

Take a look at the numbers and tell me if MDT is growing. The CRM (cardiac rhythm management) business was up 20%. Revenues were up 20% with revenues at $604M. The neuro side of the business was up 40% with revenues of over $200M. The neuro business is going to continue to grow at over 40% and maybe over take the CRM business in the next five years. This past year has been a hiccup and long term prospects on this one have not looked better. The only things holding this one back are AVE division and the heart valve division. Lets see with some new products if this can be turned around in the next 6-9 months. I think they will correct these issues and the stock will move. Good luck, Mike

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