Silicon Investor (SI) -- The First Internet Community

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 : Trickle Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: tuck who wrote (349)	1/8/2001 3:57:18 PM
From: tuck	Read Replies (1) \| Respond to of 1784

Trickle cannot resist 100 shares of BDAL @ 11. Meanwhile, some tricklish news from companies mentioned here, but not on the lists . . . DPII gets UHTS tech from Abbott (of all places!). Does away with the whole idea of wells on microplates. Hard to say if stock prices of other companies in the space, such as ABSC, are getting whacked because of this competitive threat, margin call related and institutional dumping, or a combo. biz.yahoo.com Also, Variagenics seems to be executing OK: biz.yahoo.com But I don't really consider it a trickle company, relationship with WAT notwithstanding. It sells more to diagnostic than research labs. Will reconsider that position if someone who knows the company better wants to make a reasoned pitch for it. Cheers, Tuck

To: tuck who wrote (349)	1/8/2001 7:56:54 PM
From: smh	Read Replies (2) \| Respond to of 1784

Tuck, There is a floor of 6.75 on the callable common. At the current price of 5.00 this represents a premium of 35%. The 30 ma as of todays close is 6.92. Two more days at 5 and the average falls below the floor. PKI will never be able the to buy out GNSL for a lower cost. As I have said before, I see no reason for them not to. We should know soon. An interesting speculation, No? Two thing I don't understand. 1)If PKI gives notice, does mgmt have the right to shop for a higher bidder. Of course PKI has the right to match any offer in any case. 2) I don't see what mgmt got to justify giving the subject option to PKI in the first place. Good Luck, SMH