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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 20.99-1.3%3:59 PM EST

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To: Ambrym Man who wrote (939)7/3/1997 1:39:00 PM
From: Richard Belanger   of 1693
 
AM - From SC13D/A dated June 30, 97:

Since May 28, 1997, J.P. Morgan Investment Corporation (formerly
Morgan Investment Corporation; "JPMIC"), a wholly-owned subsidiary
of J.P. Morgan & Co. Incorporated, has made various open market
sales of shares of Common Stock of the Company at prices ranging
between $3.50 and $4.125 aggregating 187,000 shares.

Such sales reduced JPMIC ownership to 1,758,254 shares
constituting approximately 7.5% of the outstanding shares of Quidel
Common Stock based on 23,548,743 outstanding Shares as of June 23, 1997.
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