elmers, a life sciences company, similar to the new danaher. danaher is already a premium to that.ter a is a good comparison to the lab side of the business, it sells for 21 times next year's numbers. illumina sells for 23 times earnings. 24 times earnings, what we do, we put them all together, figure it out. and i don't think it would be too crazy for the more danaher to get a higher multiple and trade it 21 or 22 times earnings. that's a subjective, but that's what i come up with, it gives a decent amount of post spin upside. they can really shine. buy buy buy. >> i think this spin-off is a win-win. danaher is the stock that's in the best position to run after the break off. if you own them both, no problem, i'm convinced that fortive will become a better, sharper more focused company. ♪ before a movie star unwittingly gave you a global product endorsement. and millions of women everywhere decided, "i love that shoe." and the company's data center handled the spike in traffic without any drama. before all of this. cdw orchestrated a scalable software defined data center solution

i want to know why there are not s outdan or her -- danaher there.op cash allocation, capital allocation, even within this great distortion. bob: a good friend of mine, george sherman, started that transition for danaher. it was a disciplined, methodical business approach put into the acquisitions out there in various industries to get diversity done. tom: you were on the board of coca-cola a few years ago. is your experience that you can generate discipline in this milieu, or are there so many corporations out there that we are all too busy being busy? bob: the operative word there is to have a discipline, to really understand what you are trying -- tom: a written plan. bob: a written plan and then stick to it. doingnnot be forced into a deal because everybody else is, and you do not overpay, do the diligence, and have a core business that is expandable. francine: when you look at the great distortion, all of this cheap money, funding, and how easy it is to fund m&a, are you not worried that these megamergers are just based on nothing? if you do not