PTN - Palatin Technologies Inc. Message Board

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Biotech / Medical : PTN - Palatin Technologies Inc.

PTN 15.44

-7.7%

Jan 26 3:59 PM EST

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To: scaram(o)uche who wrote (14)	1/13/2001 7:39:47 PM
From: keokalani'nui	Read Replies (2) of 142

Tyco is a good old fashioned conglomerate with a very modern hard edge coupled with an unwavering eye on increasing cash flow instead of merely smoothing business beta. Among the faucets and controllers, it has acquired a couple of medical companies, US Surgical the most prominent. I don't think Tyco brass likes the drug development business--since cash flow is usually the reverse of what they have promised their shareholders. They quickly unloaded USS's speculations and partnerships (for example, returning the xeno/alpha-gal JV to alxn). I can't believe Tyco gives a flying frito about ptn. What do you hear of their involvement? --Wilder

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