<PAGE>
Schedule 13G Page 1 of 9
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SEC POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION
1745 (3- CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM
98) DISPLAYS A CURRENTLY VALID OMB CONTROL NUMBER.
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<S> <C>
-----------------------------
UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION -----------------------------
WASHINGTON, D.C. 20549 OMB Number: 3235-0145
-----------------------------
Expires: November 30, 1999
SCHEDULE 13G -----------------------------
Estimated average burden
UNDER THE SECURITIES EXCHANGE ACT OF 1934 hours per response..... 14.9
(AMENDMENT NO. ____)* -----------------------------
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Planet Polymer Technologies, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
727044109
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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Schedule 13G Page 2 of 9
CUSIP No. 727044109
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1. Names of Reporting Persons. The Benchmark Company Inc.
I.R.S. Identification Nos. of above persons (entities only).
11-2950925
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2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ......................................................................
(b) ......................................................................
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3. SEC Use Only
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4. Citizenship or Place of Organization New York
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5. Sole Voting Power 742,900
Number of
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Shares
6. Shared Voting Power -0-
Beneficially
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Owned by
7. Sole Dispositive Power 742,900
Each
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Reporting
8. Shared Dispositive Power -0-
Person With
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9. Aggregate Amount Beneficially Owned by Each Reporting Person 742,900
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10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)
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11. Percent of Class Represented by Amount in Row (11) 10.80%
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12. Type of Reporting Person (See Instructions) BD,IA
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SCHEDULE 13G
ITEM 1.
(a) The name of the issuer is Planet Polymer Technologies, Inc. (the
"Corporation").
(b) The Corporation's executive office is located at 9985 Businesspark
Avenue, San Diego, CA 92131.
ITEM 2.
(a) The entity filing this statement is The Benchmark Company, Inc.
("Benchmark").
(b) Benchmark's address is 750 Lexington Avenue, New York, NY 10022.
(c) Polaris was incorporated in New York.
(d) The Security is common stock, no par value per share.
(e) The CUSIP Number of the security is 727044109.
ITEM 3.
(a) Benchmark is a broker-dealer registered under Section 15 of the
Securities Exchange Act of 1934.
(b) Not applicable.
(c) Not applicable.
(d) Not applicable.
(e) Benchmark is an investment adviser registered under the Investment
Advisers Act of 1940, in accordance with Section 240.13d-1(b)(1)(ii)(E).
(f) Not applicable.
(g) Not applicable.
(h) Not applicable.
(i) Not applicable.
(j) Not applicable.
ITEM 4.
(a) Benchmark, by virtue of its investment discretion over accounts of its
customers, is the beneficial owner of 742,900 shares of the Security.
(b) The amount of shares of the Security beneficially owned by Benchmark
10.80% of the total outstanding shares of the Security.
(c)(i) Benchmark, acting through its executive officers, has the sole
power to vote or to direct the vote of 742,900 shares of the Security.
(ii) Not applicable.
(iii) Benchmark, acting through its executive officers, has the sole
power to dispose, or to direct the disposition, of 742,900 shares of the
Security.
(iv) Not applicable.
<PAGE>
ITEM 5.
Not applicable.
ITEM 6.
The clients of Benchmark have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of,
shares of the Security. No individual client has an interest in 5% or more
of the total outstanding shares of the Security.
ITEM 7.
Not applicable.
ITEM 8.
Not applicable.
ITEM 9.
Not applicable.
Item 10.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
January 11, 2000
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Date
THE BENCHMARK COMPANY, INC.
By /s/ Lorraine DiPaolo
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Lorraine DiPaolo
President
