"Not in the market for a job at Life Tech, but if I were it wouldnt be for EHS. Who wants to clean up after that pack of uncouth animals?".

EHS in MD is a big joke anyway. CA should resign in shame.

"Q1 eArnings bad. More sucking layoffs."

Hopefully those that deserve to be laid off will be the ones tossed out the door, but since the majority of the people who work in distribution are brown-nosing motherfu*kers that would leave an empty building behind.

"They laid off a few people last quarter and this quarter, or may be people just fed up with this craps and left. Did you see the EHS manager position open? Apply for that one."

Not in the market for a job at Life Tech, but if I were it wouldnt be for EHS. Who wants to clean up after that pack of uncouth animals?

"Q1 eArnings bad. More sucking layoffs."

MiSs oNe CeNt, 150 Peeples.
TwO cEnTs, 320 Peeples.
ThREe CeNTs, 1 small site
FoUR Cents, all bets R Off.

Lucier, take the opportunity of having to move FC to SSF and synergize. Perfect timing.!

They laid off a few people last quarter and this quarter, or may be people just fed up with this craps and left. Did you see the EHS manager position open? Apply for that one.

So I seen a posting where they need a 2nd shift Supervisor for Frederick Distribution. Did I miss something? Which incompetant moron did they fire to open this job up?

I heard they have a new qpcr coming out called abi prism 1000. It's an iPhone taking picture of an expend org PCR block. It will have a huge marketing campaign, they will take it on a bus, they will have yoga with and they will go on the beach with it. People will have sex with it.

Ummmm, I feel it's Thermo. They have good cash to spare.

yo momma

"Life is sold. News coming out Monday."

Who's the buyer?

"Are you jealous or what? My team works for both synthetic bio group and genetic testing group. No matter who buys LT, I will still have my job.

I still have a few tester positions open, send me you resume if you want."

Not jealous at all, just dont tolerate a pack of bigots like those who run Life Tech. Thanks but no thanks on the job offer though, I have had my fill of the Nazi bastards who run that hellhole.

"I am not afraid at all 'cause of my "GOOD" relationship with HP Singapore. HP Singapore made almost a million USD each year from LifeTech through "HP Quality Center", which is almost 100 times more expensive than similar products. If anything happens, my friend at HP Singapore will find me another senior manager job.

BTW, the price LT pays for "HP Quality Center" is 10K USD/per user per year.

http://en.wikipedia.org/wiki/HP_Quality_Center"

Thats typical of Life Tech, treat the foreigners better than they treat those who work in the United States.

Are you jealous or what? My team works for both synthetic bio group and genetic testing group. No matter who buys LT, I will still have my job.

I still have a few tester positions open, send me you resume if you want.

"Y no work DC? Me want OT."

This close to end of quarter and no overtime? Life Tech must be going under. Or the customers are finally getting wise and buying their salmon sperm from another company.

LIFE is sold. News coming Monday.

"Oh sure.... you are probably someone from KKR or TMO trying to get the stock a little lower so you can accumulate that last block."

you got me! If I want manure for my farm I would buy elsewhere.

Y no work DC? Me want OT.

Bye Bye Wisconsin

"You could sequence 150,000 people with cancer and it's not going to cure anyone," he said, according to the paper. "It might give you a few leads, but it's not, to me, the solution. The solution is good chemistry. And that's what's lacking. We have a world of cancer biology trained to think genes. They don't think chemistry at all."

James Watson

Its about Time someone said thé truth.

Q1 eArnings bad. More sucking layoffs.

Oh sure.... you are probably someone from KKR or TMO trying to get the stock a little lower so you can accumulate that last block.

Q1 eArnings bad. More sucking layoffs.

"If I worked for LIFE in some sort of mid level position what would be the best thing to happen as far as me keeping my job or at least give me enough running room to find a new job i.e. who would start chopping the slowest. "

If you were in a mid level position you probably screwed one or more of your superiors and kissed many asses so your job would probably be safe.

"If I worked for LIFE in some sort of mid level position what would be the best thing to happen as far as me keeping my job or at least give me enough running room to find a new job i.e. who would start chopping the slowest. "

I would update my CV and social media accounts. Look around, many bio and pharma companies are operating like LIFE. Managing Wall Street is key, so frequent layoffs are to be expected. If LIFE is sold, like the headlines say "Synergies" will drive RIF (strategic partners assumed). If PEs, the results will be devastating no matter what business segments you support.

TMO won't buy LIFE

Looks like some PE firms got too good a look under the hood...

PE Guy (checking engine compartment of Ferrari Enzo): There's nothing here!

GL: We've modified it! More luggage space! The engine is in front now.

PE Guy: OK, let's check it out.

GL (fumbling with latch): Just a sec... Got to phone my Chief Latch Officer... There we go!

PE Guy: The spec. sheet says 600 hp. That doesn't look like a 600 hp engine.

GL: It really is. I've got the 6 Sigma certification right here.

PE Guy: What's this little footnote on the 600? Oh, octal not decimal...

GL: We do everything in octal at Life Tech

PE Guy: Wait a sec... How about that price per share you're asking? Is that in octal?

GL: No, that's in decimal. We convert all our internal octal accounting to decimal when it makes us look good. Sales octal, debts decimal.

PE Guy: Still doesn't look like a 364 hp engine.

GL: It's got 5S tape on it. It says 600 hp in sharpie right there.

PE Guy: I think I need to look at the fine print. What does hp mean? Let me see that contract...

GL: Sure, it's in the abbreviations.

PE Guy: The h abbrevations are right here on page 2314. I don't see it...

GL: Here, let me show you. It's under P, for power.

PE Guy: Hey, your thumb is covering that word. All I can see is the "h" and power.

GL: I'll drop the contract if I move my thumb.

PE Guy (wrestling with GL): you aren't as good a wrestler as you used to be... Hey, that says hamster, not horse!

The sale of Life Technologies Corp. (LIFE) has shifted in favor of strategic buyers for the maker of DNA- sequencing equipment as some buyout firms drop out, said people with knowledge of the matter.

KKR Inc. (KKR), which was part of a group of bidders, has withdrawn from the process, two people said. TPG, which was bidding along with Blackstone Group LP, Carlyle Group, and Temasek Holdings Pte., withdrew from that group, they said.

If I worked for LIFE in some sort of mid level position what would be the best thing to happen as far as me keeping my job or at least give me enough running room to find a new job i.e. who would start chopping the slowest.

1. PE buys LIFE

2. Danaher ... Not sure what they will do, they could keep everything intact or spin off Ion and Sequencing to Roche.

3. Thermofisher and then spins off Ion and Sequencing to Roche

I know that GL will personally make more money with PE

"I ain't no forener, i is west virginian"

Just as bad, that explains why there are so many mistakes when picking product. Having parents who are blood relatives has a negative effect on their offsprings productivity.

What ruined the company was lack of product innovation, inability to retain and develop talent, and easy access to capital to buy "growth". Gouging loyal customers to death ultimately turned out to be unsustainable.

No ion torrent is ruining the company, hence the sale. Ngs is a small portion of life sales but gobbling up tons of dev costs and resources.

A foolish choice by GL for sure.

So Ion Torrent is the only thing keeping the smoke and mirror show afloat nowadays?

I ain't no forener, i is west virginian

Noone will LIFE. They miss numbers this Quarter.

The sale of Life Technologies Corp. (LIFE) has shifted in favor of strategic buyers for the maker of DNA- sequencing equipment as some buyout firms drop out, said people with knowledge of the matter.

KKR Inc. (KKR), which was part of a group of bidders, has withdrawn from the process, two people said. TPG, which was bidding along with Blackstone Group LP, Carlyle Group, and Temasek Holdings Pte., withdrew from that group, they said.

Looks like some PE firms got too good a look under the hood...

"I am not afraid at all 'cause of my "GOOD" relationship with HP Singapore. HP Singapore made almost almost a million USD each year from LifeTech through "HP Quality Center", which is almost 100 times more expensive than similar products. If anything happens, my friend at HP Singapore will find me another senior manager job.

BTW, the price LT pays for "HP Quality Center" is 10K USD/per user per year.

http://en.wikipedia.org/wiki/HP_Quality_Center"

Thats typical of Life Tech, treat the foreigners better than they treat those who work in the United States.

Surprised the usual "close foster city" panic hasn't hit today after LT sold the lincoln center campus.

I am not afraid at all 'cause of my "GOOD" relationship with HP Singapore. HP Singapore made almost almost a million USD each year from LifeTech through "HP Quality Center", which is almost 100 times more expensive than similar products. If anything happens, my friend at HP Singapore will find me another senior manager job.

BTW, the price LT pays for "HP Quality Center" is 10K USD/per user per year.

http://en.wikipedia.org/wiki/HP_Quality_Center

I notice that the deadline for the sale auction bids is set just before the release of first quarter results. Presumably this is just coincidence?

Pure coincidence...

It would seem FC has been sold while lease in SSF being expanded. Interestingly, the same realtor is involved in both deals...

http://finance.yahoo.com/news/biomed-realty-lease-204-900-223100429.html

I notice that the deadline for the sale auction bids is set just before the release of first quarter results. Presumably this is just coincidence?

Surprised the usual "close foster city" panic hasn't hit today after LT sold the lincoln center campus.

It is not Lucier - it is the management that would be willing to let him be blind sided instead of admitting they did something wrong.

He's had iron-fisted, screaming, ranting total control for a decade. The people that report to him are there because those are the people he wants reporting to him. He picks lying bullshit over reality every time. He is a below average CEO who has spent 10 years creating an unmanageable mess.

I Have seen managers and senior managers get let go because they tried to cover up the errors in their area and cover them with 5S tape to make it look pretty instead of actually making it efficient.

Now if they could only take that approach with the employment of people at the CEO, CxO, SVP, VP, director and associate director levels (the six or seven levels above managers), it would be a step in the right direction. The is a lot of dead (no, make that poisonous) wood to clear in the first 6 months for the eventual purchaser of this steaming pile of dung.

"What would happen to Frederick site if VC or PE buys LIFE? Not much manufacturing here, only IT and Distribution. And please no bashing logistic management."

Probably shut it down. And why not bash logistics? Does that mattress back still wor in logistics?

It is not Lucier - it is the management that would be willing to let him be blind sided instead of admitting they did something wrong. I Have seen managers and senior managers get let go because they tried to cover up the errors in their area and cover them with 5S tape to make it look pretty instead of actually making it efficient.

why so much fixation on lucifer? I realize he is the source, but there are so many fakers at life on his senior staff, no one talks about...

quick poll: who is the worst at life other than Lucifer? we have to get it out before they all make off with their $$ with the sale!

They just more actively managing cashflow. You won't get pay til April 1st after quarter is over and then the net45 kick in. They will claim to not received invoices and start all over again. Such is LIFE's MO.

Life Tech is not paying their bills! Anyone else having this problem? We are supplier for them, and are promised terms of 28 days---now 60 days overdue.

Can anyone come up with a plausible outcome and time lines for these scenarios?

Final stock price: $63 low / $75 high

what happens to Ion: Spun-off, managed separately, perhaps IPO

the other divisions: Consumables chopped-up, sold off in pieces. Synthetic bio, vertical plays, etc. will be future growth engines.

jobs lost or gained: 30% to 65% jobs lost (net)

A. LIFE gets bought by TMO: <5% chance

B. PE decides that they can make money with LIFE: >95% chance

C. Danaher comes up with the cash buys LIFE: <0% chance

D. Nothing happens, the BOD decides that none of the offers are any good and votes to cancel the auction and be satisfied with the current situation: <0% chance

F. Roche is the successful bidder: <10% chance

Outsource IT and Logistics, close IMS and celldirect, relocate R&D.

Can anyone come up with a plausible outcome and time lines for these scenarios? Please include stock price, what happens to Ion and the other divisions, jobs lost or gained.

A. LIFE gets bought by TMO.

B. PE decides that they can make money with LIFE.

C. Danaher comes up with the cash buys LIFE.

D. Nothing happens, the BOD decides that none of the offers are any good and votes to cancel the auction and be satisfied with the current situation.

Now it looks like you should add:

F. Roche is the successful bidder.

Roche joins bidding for Life Technologies, Reuters reports
Roche (RHHBY) has hired bankers to explore a potential bid Life Technologies (LIFE), while private equity firms KKR (KKR) and Hellman & Friedman are exploring a joint bid for the biomedical laboratory equipment maker, Reuters reports, citing people familiar with the matter. Reuters previously reported that Thermo Fisher (TMO) and Danaher (DHR) are also weighing bids for Life, which are due in early April. Shares of Life Technologies rallied 2%, or $1.33, to $64.25 following Reuters' report.

Outsource IT and Logistics, close IMS and celldirect, relocate R&D.

Can anyone come up with a plausible outcome and time lines for these scenarios? Please include stock price, what happens to Ion and the other divisions, jobs lost or gained.

A. LIFE gets bought by TMO.

B. PE decides that they can make money with LIFE.

C. Danaher comes up with the cash buys LIFE.

D. Nothing happens, the BOD decides that none of the offers are any good and votes to cancel the auction and be satisfied with the current situation.

Outsource IT and Logistics, close IMS and celldirect, relocate R&D.

What would happen to Frederick site if VC or PE buys LIFE? Not much manufacturing here, only IT and Distribution. And please no bashing logistic management.