Go to page 4 at
http://www.oldrocketplans.com/mrn/m...RNVol09_No3.pdf
where Vern explains his rationale at the time for selling the company.

Damon made medical equipment and supplies, but they also had a division that was a competitor to Edmund Scientific. In fact, there was some cross promotion in 1970 as Estes customers were sent a Damon Education catalog and Damon Education customers were sent Estes catalogs. IIRC there was even a joint catalog at some point.

In the mid 80's they were known for their biomedical testing equipment (i think their cash cow was diabetic tests), and they were one of the first companies to bring out a simplified test for HIV. I think at that point some of the management saw a potential for being able to print money, and that's where Shockie's time line kicks in.

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Roy
nar12605