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Biotech / Medical : ACMI - Accumed Inc.

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To: Sigmund who wrote (1240)	1/22/1998 1:36:00 AM
From: Frank Buck	Read Replies (1) of 1894

Sigmund you said; <<So I think that this is perhaps an unnecessary strategy by ACMI unless they see NewCo going off on its own acquisition program or being very aggessive re R&D.>> I can understand wanting to build up a war chest for acquisitions. I can understand aggressive R&D. AccuMed has already done both! Are they to start the whole process over again with their previous acquisition and old R&D "being partially sold off" to finance the new cycle of acquisitions and R&D? The conference call specifically stated they (NewCo) did not have a high capital cost requirement b/c they were beyond the developmental stage. Why go to the capital markets then? Where do sales to a $3B potential market fit into this cycle?

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