SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Quidel Corporation
(Name of Issuer)
Common Stock, par value $.001 per Share
(Title of Class of Securities)
(CUSIP No. 74838J 10 1)
J. Edmund Colloton, J.P. Morgan & Co. Incorporated,
60 Wall Street, New York, New York 10260-0060
Telephone: (212) 648-3406
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communicaitons)
June 20, 1997
(Date of Event which Requires Filing
of This Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule
13D, and is filing this schedule because of Rule 13d-1(b)(3) or
(4), check the following box [ ].
(Continued on the following page(s))
<PAGE>
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
J.P. Morgan & Co. Incorporated
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ x ]
3. SEC USE ONLY
4. SOURCE OF FUNDS*
00
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER:
1,778,254
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER:
0
9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER:
1,778,254
10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER:
0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
1,778,254
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
7.5%
14. TYPE OF REPORTING PERSON*:
HC, CO
* SEE INSTRUCTIONS TO SCHEDULE 13D
<PAGE>
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
J.P. Morgan Investment Corporation
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ x ]
3. SEC USE ONLY
4. SOURCE OF FUNDS*
00
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER:
1,778,254
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER:
0
9. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER:
1,778,254
10. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER:
0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON:
1,778,254
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
7.5%
14. TYPE OF REPORTING PERSON*:
CO
* SEE INSTRUCTIONS TO SCHEDULE 13D
<PAGE>
Schedule 13D
Item 5. Interest in Securities of the Company.
The response to Item 5 is hereby amended by deleting the prior
responses thereof and inserting the following in its place:
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.
Each of the Reporting Persons share with the other Reporting
Person the sole power to vote or direct the vote of, and the sole
power to dispose or direct the disposition of, shares of common
stock of Quidel Corporation owned by JPMIC.
<PAGE>
Signature
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement
is true, complete and correct.
Dated: June 30, 1997
J.P. MORGAN & CO. INCORPORATED
By: /s/ J. Edmund Colloton
Title: Vice President and
Assistant General Counsel
J.P. MORGAN INVESTMENT CORPORATION
By: /s/ J. Edmund Colloton
Title: Secretary
<PAGE>
Schedule A
Executive Officers and Directors
of
J.P. Morgan & Co. Incorporated
The names of the Directors and names and titles of the
Executive Officers of J.P. Morgan & Co. Incorporated ("JPM") and
their business addresses and present principal occupations are set
forth below. If no address is given, the Director's or Officer's
business address is that of JPM. Unless otherwise indicated, each
individual is a citizen of the United States.
Name, Residence or
Business Address Present Principal Occupation
Directors
Riley P. Bechtel Chairman and Chief Executive Officer
Bechtel Group, Inc. of Bechtel Group, Inc.
P.O. Box 193965
San Francisco, CA 94119-3965
Martin Feldstein President and Chief Executive
National Bureau of Economic Officer of National
Research, Inc. Bureau of Economic Research, Inc.
1050 Massachusetts Avenue (economic research)
Cambridge, MA 02138-5398
Hanna H. Gray President Emeritus and Harry Pratt Judson
The University of Chicago Distinguished Service Professor of History
Department of History of The University of Chicago
1126 East 59th Street (higher learning)
Chicago, IL 60637
James R. Houghton Retired Chairman of the Board
Corning Incorporated of Corning Incorporated
80 E. Market Street (diversified industrial)
2nd Floor
Corning, NY 14830
James L. Ketelsen Retired Chairman and Chief
Tenneco Inc. Executive Officer of Tenneco Inc.
P.O. Box 2511 (diversified industrial)
Houston, TX 77252-2511
Roberto G. Mendoza Vice Chairman of the Board of JPM
Michael E. Patterson Vice Chairman of the Board of JPM
Lee R. Raymond Chairman of the Board and Chief
Exxon Corporation Executive Officer and Director of Exxon
5959 Las Colinas Boulevard Corporation
Irving, TX 75039-2298 (national resources and energy)
Richard D. Simmons Retired: Former President of the
105 North Washington Street Washinton Post Company and the
Suite 202 International Herald Tribune
Alexandria, VA 22314 (print media)
Kurt F. Viermetz 1 Vice Chairman of the Board of JPM
Douglas A. Warner III Chairman of the Board and Chief
Executive Officer of JPM
Dennis Weatherstone Retired Chairman of the Board of JPM
Douglas C. Yearley Chairman, President, Chief
Phelps Dodge Corporation Executive Officer and
2600 N. Central Avenue Director of Phelps Dodge Corporation
Phoenix, AZ 85004-3014 (minerals)
Officers
Douglas A. Warner III Chairman of the Board and Chief
Executive Officer of JPM
Roberto G. Mendoza Vice Chairman of the Board of JPM
Michael E. Patterson Vice Chairman of the Board of JPM
Kurt F. Viermetz 1 Vice Chairman of the Board of JPM
John A. Mayer Jr. Chief Financial Officer of JPM
Rachel F. Robbins Managing Director, General
Counsel and Secretary of JPM
David H. Sidwell Managing Director and Controller
of JPM
Stephen G. Thieke Managing Director and Head of
Corporate Risk Management of JPM
<PAGE>
Schedule A
Executive Officers and Directors
of
J.P. Morgan Investment Corporation
The names of the Directors and names and titles of the
Executive Officers of J.P. Morgan Investment Corporation ("JPMIC")
and their and present principal occupations are set forth below.
Each Director's or Officer's business address is that of JPMIC.
Unless otherwise indicated, each individual is a citizen of the
United States.
Name, Residence or
Business Address Present Principal Occupation
Directors
Ramon de Oliveira 2 Managing Director of J.P.
Morgan Securities Inc. and
Chairman of the Board
John A. Mayer Jr. Chief Financial Officer of
J.P. Morgan & Co. Incorporated
Clayton S. Rose Managing Director of J.P.
Morgan Securities Inc.
Walter A. Gubert 3 Managing Director of Morgan
Guaranty Trust Company
Thomas B. Ketchum Managing Director of J.P.
Morgan & Co. Incorporated
C. Nicholas Potter Consultant to J.P. Morgan
Investment Management Inc.
Peter L. Woicke 4 Managing Director of Morgan
Guaranty Trust Company
Brian F. Watson 5 President, Chief Executive
Officer and Managing Director J.P.
Morgan Capital Corporation
Molly F. Ashby Managing Director of J.P.
Morgan Capital Corporation
Peter H. Gleason Managing Director of J.P.
Morgan Capital Corporation
Meryl D. Hartzban Managing Director of J.P.
Morgan Capital Corporation
Brian T. Murphy Managing Director of J.P.
Morgan Capital Corporation
Pierre Dupont 6 Managing Director of Morgan
Guaranty Trust Company
Thomas M. Snell Managing Director of J.P.
Morgan Capital Corporation
John B. Fullerton Managing Director of J.P.
Morgan Capital Corporation
Thomas S. Quinn Managing Director of J.P.
Morgan Capital Corporation
Timothy Purcell Managing Director of J.P.
Morgan Capital Corporation
Martin O'Neil Managing Director of J.P.
Morgan Securities Asia
Limited
_______________________________
1 German citizen
2 French Citizen
3 Italian Citizen
4 German Citizen
5 Australian Citizen
6 Belgian Citizen
