TECHNE (Tech): "selling picks to gold miners" Message Board

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Biotech / Medical : TECHNE (Tech): "selling picks to gold miners"

TECH 62.02

-3.0%

Oct 29 3:59 PM EDT

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To: Shane M who wrote (1)	1/18/1999 12:49:00 AM
From: dr.john	Read Replies (1) of 47

Impressive recent pick-up in volume! Was it only due to the sell-off of Genzymes 1Mio shares? I doubt, because of the strength the share-price showed. Obviously some bigger investors are becoming interested. Friday had almost 10 times (!) the usual volume. Techne is almost (only almost) an "inevitable" stock: I know of no other stock which I would be so comfortable in buying and holding on for a good, good while, being almost certain that it will be an excellent investment. In case they are bought out, I only hope it will be at a good price. (Remember Ballard Medical, a fine company, which was bought in December by KMB at a very modest 25 USD/share: hope Techne-shareholders would have better luck; but nobody is talking about buy-out anyhow). Besides, BIOI might be an interesting pick as well; however I will stay with the best play in this market: consider that even TECH is a small cap with capital C. DrJohn

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