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Biotech / Medical : PE Biosystems (PEB)
PEB 11.47-0.2%Dec 30 3:59 PM EST

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To: nigel bates who wrote (91)3/14/1999 2:46:00 AM
From: PuddleGlum  Read Replies (1) of 122
 
Nigel-
The instrument division went to EG&G on what appears to be a low bid. The proceeds will likely go into Celera.

Speaking of Celera, I think they're going to make it, although it may not be a smashing success with INCY, MLNM, Genset, and others (including a huge consortium of drug companies) all fighting for the same prize.

I've been switching some money between ICOS and MLNM. Currently in MLNM, but willing to buy ICOS when the cash is available.

BTW, I'm now a shareholder of PKN. The chart looks unhealthy right now, but it's on the mend.

pg
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