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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 21.23-0.2%3:27 PM EST

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To: Richard Belanger who wrote (940)7/3/1997 2:05:00 PM
From: Ambrym Man   of 1693
 
Thanks. That is not necessarily bad news, although its not good.
Some institutions reduce holdings to balance their portfolios.
But the other thing that I find interesting is that Quidel's chairman
recently bought some more shares and more recently Quidel has appointed a vice-chairman a position that never existed before.
Don't know what that portends. Both the recent insider buys were token amouunts. It seems that Quidel is entering a stage of something,
but I don't know what. I did hear, but have no proof, that over the
last two or three months, institutional ownership increased.
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