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Biotech / Medical : PE Biosystems (PEB)

PEB 11.26

-1.9%

11:21 AM EST

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To: Richard Haugland who wrote (85)	11/29/1998 7:56:00 PM
From: PuddleGlum	of 122

Richard- I've heard some good and bad things lately about PKN's prospects. First, other companies are starting to make the reagents and dyes that are used in PKN's sequencers, and that has been a bread-and-butter area for the company. Some 30-35% of the bio division revenues are derived from Japan, but that business has remained strong because of that government's emphasis on biotech. What all this means to me is that I'd sell any shares if I had them. I'm certainly not brave enough to buy right here. pg

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