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Biotech / Medical : PE Biosystems (PEB) -- Ignore unavailable to you. Want to Upgrade?

To: Sunny Jim who wrote (74)	9/10/1998 12:31:00 AM
From: PuddleGlum	Read Replies (1) \| Respond to of 122

Jim- AI as a percentage of the company's business has been dropping and is now somewhere around 40% I think. I heard someone with good business sense mention about 6 months ago that this company could be taken over for about $90 per share, and that the company jewels are something that a big player could and should want. Since AI is a slow growth division I think that they might represent about 25% of the company's value, which would leave the $70 per share you came up with for the bio division. I will say, though, that the company appears to be very excited about its biotech prospects, so they're not going to sell out easily. pg