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Biotech / Medical
Spine-Tech (SPYN)
An SI Board Since July 1996
Posts SubjectMarks Bans Symbol
242 2 0 SPYN
Emcee:  .com Type:  Unmoderated
Spine-Tech (SPYN) has developed an implant device for spinal fusion which will revolutionalize spinal surgery. The device has had dramatically effective results. I attended the FDA panel hearing (of outside reviewers) in May and they strongly recommended approval. About 10 days ago the FDA sent a letter to Spine-Tech indicating that the device was approvable if some labelling changes were made and if they agreed to a five year follow-up study (which they had already planned to do). The company has indicated to me that they have already submitted all of the requested changes to the FDA. The FDA has reconfirmed with me that this is on an "expedited" review path. I could not imagine approval is more tah a few weeks to a month off.

The stock is now in the 28 range but has been in the 35 range prior to the panel hearing. The price should atleast meet, or exceeed, the 35 range upon approval. The 3 stock analysts following SPYN rate them an outright buy.

There have been rumors, totally unconfirmed, that Johnson and Johnson is interested in buying them out. Again, jut Internet rumors.

I have much more of a personal stake in this company than a financial stake--due to a back injury I have been awaiting this new surgery for over two years.

Does anyone else follow them or have any thoughts about the device or company or their prospects? Would be interested in hearing other opinions and estimates on how long FDA approval would take (the big unknown black hole).
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242 Thanks John. Scott I owe you a few beers. You can collect only if you come to jbershad-12/16/1997
241 Good call guys... I wish I was in this one....I've been watching spyn and Nick-12/16/1997
240 Thanks, THC. This one helps in making up just a bit of my technology (paper)loJohn Bloxom-12/16/1997
239 Congratulations John, Spine-Tech, Inc., Announces Definitive Agreement to MergForYourEyesOnly-12/16/1997
238 Meger Pact at $52 per share on the news wire this am. Enjoy, JohnJohn Bloxom-12/16/1997
237 I brought some in low 40's today. I will try to buy some more. Yes I too tjbershad-12/12/1997
236 <Big smile>. Might make up for 10% of my losses in semis. <Smile fadJohn Bloxom-12/12/1997
235 Ballistic , certainly back to old highs. Just my 2 centsTrey Yon-12/12/1997
234 Scott, please some comments. Jerryjbershad-12/11/1997
233 It was CNBC after 6 p.m. It was reported the SMD? results of two year use of thjbershad-12/11/1997
232 how do you know that they were denied? if so this is huge for spyn. just look wbruce-12/11/1997
231 To all. No need to knock anybody here, but I have had many uncivil remarks madjbershad-12/11/1997
230 Very sorry to hear about your being a day late. There will be another day... John Bloxom-12/11/1997
229 Due to margin requirement in my account I unloaded my SPYN yesterday. A day latBill Meinders-12/11/1997
228 Up $8 1/2 at 11:38 on a 15 minute delay quote. Oh David......John Bloxom-12/11/1997
227 Up 6 1/2 as per my broker's call a minute ago. Anybody know what happened John Bloxom-12/11/1997
226 I never did short this stock - should have though. And what does that have to dutee-12/8/1997
225 David, Perhaps you could kindly indicate in mathematical format how your 12.9%Bill Meinders-12/8/1997
224 David... Did you want to say something? Regards, JohnJohn Bloxom-12/7/1997
223 Thank you for your comments. It is comforting to know that someone reasonable Royalcoachman-12/7/1997
222 Hi THC: Here's how I see it: Forward estimates are .94 (12/97) and 1.62 (John Bloxom-12/7/1997
221 Still haven't covered that short, huh? Shorting is fine, but please hold bForYourEyesOnly-12/7/1997
220 Thank you for your response. We are both busy, so I will keep my response simpForYourEyesOnly-12/7/1997
219 It absolutely amazed me that you would have taken the time to post such a thoroutee-12/6/1997
218 Hi THC, I own several hundred of ths one, but as it is about 1 am here now, I&John Bloxom-12/6/1997
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