Wednesday, August 09, 2006

Jim Cramer Makes Positive Comments on Varian Medical Systems (VAR)

Jim Cramer makes positive comments on Varian Medical Systems Inc. (NYSE: VAR), saying on the strength of it's anti-cancer machine and x-ray machines, the company will get a bid to be acquired.

Cramer thinks Philips Electronics NV (NYSE: PHG) could easily make a $60 bid for the company. Then, in the long-run, turnaround and sell Varian to General Electric (NYSE: GE) for even more.


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