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Biotech / Medical : Medtronic (MDT) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Hartmann who wrote (511)	12/12/2000 7:46:23 PM
From: Jack Hartmann	Read Replies (1) \| Respond to of 687

Medtronic Expects to Meet Third-Quarter, Fourth-Quarter Estimates By Ilan Tsapovski Editorial Assistant 12/12/00 6:24 PM ET Medtronic (MDT:NYSE - news) said it was comfortable with analysts' earnings expectations for the third and fourth quarters. The medical devices maker, which is based in Minneapolis, said it expects to meet the consensus estimate of 26 cents a share for the third quarter and 31 cents a share for the fourth quarter. The company also said it expects the weak euro to reduce revenue by about $55 million to $60 million in the third quarter and $40 million to $45 million in the fourth quarter, a slight improvement from its earlier guidance. Shares of Medtronic closed the regular trading session down 75 cents, or 1.4%, to $53.94 on the New York Stock Exchange. thestreet.com