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Biotech / Medical : Arterial Vascular Engineering AVEI

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To: LevelHeaded who wrote (25)1/30/1998 11:56:00 AM
From: cardiologist to be   of 410
 
agreed that jnj takeover could ruin my life.
but i first mentioned jnj takeover when stock was running in the 40-50 range, because that is when i first heard of it. at that time a premium of 20-30 points was deemed excessive.
at the current price, i don't think anyone can afford avei.
mgmt will ask for a premium and the stock is already overvalued.p
plus, i don't think a buyout is in the cards for at least 6-9 months while the lawsuit continues and they can grasp how much of a share avei will be able to capture in the u.s.
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