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Post# of 252431
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DewDiligence

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DewDiligence

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Re: pcrutch post# 127900

Friday, 10/07/2011 1:20:28 PM

Friday, October 07, 2011 1:20:28 PM

Post# of 252431
At the current share price, PKI has a trailing P/E of about 6. The market for biotech tools and instruments may be weak, but I don’t think it’s as weak as implied by today’s price action. Moreover, a big chunk of PKI’s revenue comes from annuity-like service contracts.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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