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Biotech / Medical : Munch-a-Biotech Today
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To: LLCF who wrote (776)12/28/1999 7:12:00 PM
From: aknahow  Read Replies (1) of 3158
 
Yes, I think there are just as many. While I do not understand their decision making process, they would not understand mine so we are even. When a company can commit to a break up fee of $2 billion, it probably does not care if it pays 3 or 4 times more for a company that once would have cost it $200 or $300 million. The purchase is justified on other grounds. When the buying finally begins only the most scientific methodology will be used to determine purchases. Realize you have heard of PERT and Critical Path but bet you not that aware of KUWTJ.

Yes, I am sure KUWTJ will be a deciding factor during the year 2000, both in determining which company is purchased and what is paid.
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