Colorado MEDtech, CMED Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Colorado MEDtech, CMED

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul K who wrote (99)	5/13/1998 11:58:00 PM
From: Andrew Q. Viet	Read Replies (1) of 288

Copied from the Rumor Mills CMED (Posted: 3:36 AM 5/13/98) In the "Possible Merger" department.Colorado MEDtech (CMED) is 33% owned by Vencor, Inc. (VC), a healthcare provider for the elderly. Vencor has been selling off segments as of late (see 5/12 press releases) - possibly to position itself as a suitor. The catch: a standstill agreement prevents VC from acquiring a greater interest in CMED unless certain conditions are met. One of these conditions: CMED must propose the election of an additional Vencor board member. This is iffy, but we may see action soon. P/E Ratio: 32 P/Book: 5.6 Shares: 10.6m Float: 4.9m Current Price: $9 13/16 Target Price: $11 « (1-2weeks) Note: do your own due diligence before making investment decision. This post intends to disseminate information to the investment community only; it does not imply a recommendation of the stock.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next