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Biotech / Medical : Trickle Portfolio

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To: tuck who started this subject	11/9/2000 2:01:23 PM
From: nigel bates	Read Replies (1) of 1784

A dip for you to consider - Nov. 9 /PRNewswire/ -- Packard BioScience Company (Nasdaq: PBSC - news) announced today that an employee trading window has opened in accordance with its insider trading policy that allows employees to trade in the Company's stock only during selected periods. The current window will remain open until at least December 6, 2000. This is the first opportunity to trade shares for employees who were prohibited from selling following the Company's IPO. ``There are a number of employee shareholders and option holders who were prevented from trading due to employee lock-up and policy restrictions, and who are now free to trade,'' said Mike Zebarth, Vice President of Investor Relations. ``We believe that the drop in our stock price over the past few hours is due to several factors. Some employees are doing ''cashless`` option exercises that are being executed at market. We believe that a number of these trades are being made by Canberra employees in part because of the company's announced plans to sell its Canberra Industries division. In addition, the general market situation today may have reduced the normal number of potential buyers.'' ... no kidding. nig

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