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Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 22.60

+3.2%

Nov 12 3:59 PM EST

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To: Clarksterh who wrote (1357)	1/24/1998 11:35:00 PM
From: Robert Busse	Read Replies (2) of 1693

Clark, Dr Pronovost's new employer is Pacific Biometrics, a different company than Pacific Biotech which Quidel bought from Eli Lilly a few years ago - re the CC and the nitwit analyst who kept pestering Mr Frankel for dates and specifics of an acquisition, I agree w/ you that Mr Frankel's reluctance to answer his stupid questions makes me think something is in the works - Think about it - the analyst himself asked about Mr DeBruin's coming on board at Qdel - The way I see it, Mr deBruin was obviously brought there for a reason-why?? to increase sales and get the stock price up-if you look at his employment contract w/ Qdel (contained in SEC filings) you can see it is full of stock options up to $15/ share - DeBruin was once the CEO of a 3 billion company, Boehringer Mannheim, and BM is in my opinion the most likely source from which Qdel may acquire a new product line. BM is currently merging (or actually being taken over) by Roche, although final approval has not yet been given for the deal - I think the EU is expected to give the deal its seal of approval in mid-February - I strongly suspect any deal between Qdel and BM will have to wait till the BM/Roche announcement before it can be announced. All of this is public info available to anyone willing to do the research - I may be dead wrong about all of this but it sure seems like the most likely scenario - Why then can't that analyst figure this out and also figure that, if true, Mr Frankel simply can't comment on such a deal - It doesn't seem like brain surgery to me - I for one am keeping my eye on YaHoo for the next press release. Time will tell. BOB

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