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Biotech / Medical : Duramed (DRMD) Synthetic Estrogen Product

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To: darbyred who wrote (1816)6/30/2001 8:49:54 PM
From: vestor  Read Replies (1) of 1837
 
I agree and am very disappointed given the facts known to me. However I am hearing that it is as good as a done deal. Solvays votes account for 5 % and I tend to think they OK'd the sale. I cannot see AHP coming into the picture and doubt there will be a friendly/hostile offer made. If DRMD shareholders held in total perhaps there is an outside chance the deal would be voted down but I sense many have expressed their disatisfaction by selling.

Assuming I am correct the next thing to do is to judge the investment desirability of owning BRL. With an anticipated Aug. go ahead for their generic version of Prozac with 6 month exclusivity and the cash to promote the Cenestin menu I think being a BRL shareholder is not unwise. The current PE is well below industry standard and generic Prozac could add $4. share earnings. A stong pipeline will be much stronger.

Yes.. still to cheap a selling price. Did expect talks as DRMD crossed 25.
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