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Technology Stocks : Thermo Electron (TMO)

TMO 580.26

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From: mopgcw	10/27/2004 4:24:39 AM
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Thermo Electron's Dekkers Comments on Growth Plans, Economy 2004-10-26 18:53 (New York) By Samantha Zee Oct. 26 (Bloomberg) -- Thermo Electron Corp. Chief Executive Officer Marijn Dekkers comments on growth for the Waltham, Massachusetts, company, which makes analytical and measurement instruments for laboratories and manufacturing. Dekkers sees ``good growth in instruments'' used for life and laboratory sciences, called mass spectrometers that are used by scientists doing research on disease. ``We have new mass spectrometers that are helping researchers find proteins in the body they couldn't find before. It's helping with diseases like cancer. This is a hot area right now.'' The company also makes measurement and control instruments used in the production of basic commodities. ``Now that prices for basic raw materials have gone up and the economy has improved, our customers have begun to invest in their plants. This is where our instruments are being sold into. ``This is the first quarter that this has kicked in. It's a very positive development.''

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