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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.380-1.4%Jan 30 9:30 AM EST

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To: richardred who started this subject6/7/2004 5:32:04 AM
From: richardred   of 7260
 
GCOR-My interpretation

We will sell at a higher price, or entertain a reasonable offer made above the current price!

EMN-He added that the next step for the company is to decide what it will do with its 42 percent stake in Genencor International Inc. (NasdaqNM:GCOR - News), a biotech company involved in the health care, agri-processing and consumer markets.

Ferguson last commented on the Genencor investment earlier this year, saying on a conference call, "We view our stake in Genencor as a financial asset. We continue to believe that the value of our stake in Genencor is not reflected in our stock price."
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