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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 20.80-6.3%2:00 PM EST

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To: David B. who wrote (1285)12/18/1997 2:00:00 PM
From: Ambrym Man  Read Replies (1) of 1693
 
Yes, it is always quiet here when the stock is going down.
The only bright spot is that the volume is very low.
You wrote > Any rumors on who Quidel might be interested in?<
I have not heard anything.
On Nov 14th in my post 1248 I had raised the spectre of an acquisition. On that day in Yahoo business news, there was an announcement that MEDD was not going to go through with a planned acquisition of the Biotrak product line from Bohringer Mannheim.
No reason given. I believe that Andre De Bruin is ex-Bohringer
Mannheim. I thought the line looked like a good one for Quidel to pick
up. The strange thing is that I have just checked Yahoo for the MEDD
news item and it is no longer there. But curiously the first item mentioning the acquisition released in June is still there.
Read the June news item for MEDD and see if you think it would suit
Quidel. Remember that in the conferance call Quidel mentioned that
they were looking to pick up products that were below what the big companies wanted to bother with.
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