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boston745

08/07/17 3:21 PM

#10003 RE: dp60 #10002

Two major flaws in fearing management interest do not align with ours.

1) 800 k options to be doled out. Depending on valuation this could amount to a fair bit.

2) Lawsuits: Its well documented Sonny's connection to Zimmer and this brings up possible conflict of interest. Zimmer has to be willing to pay fair value, not currently reflected in Stock Price. Any attempt to skirt this can cause major issues. Zimmer has suffered enough bad press and lawsuits. From an image standpoint they do not need more controversy.

a) Paying a significant price for Si3N4 will show high level of confidence by Zimmer. They benefit more for going big than trying to cut corners as long as they can grow revenues as well as we think.
B) US, EU, Japan, China. Very lucrative markets. Dental has large growth potential. Hip & Knee = saved COGS/ retained market share.