I had the same trouble as you are explaining after installing an updated version of Acrobate.
Open Pegasus and click on the tools menu. Click options and go to the content viewer.If Acrord32.exe is listed DELETE IT. Than click the add button and add ( .PDF ) and click apply. Highlite .PDF and click edit. In the define attachment viewer take this action select Let Windows choose and run an appropriate application. Click OK, APPLY and than OK again. This worked for me and brought pegasus mail back the way it was before. I can click the open button on the .PDF file and windows opens it or I can click the .PDF file and it opens. This should correct your problem.
<P>&nbsp;I had the same trouble as you are explaining after installing an updated version of Acrobate.</P>
<P>Open Pegasus and click on the tools menu. Click options and go to the content viewer.If Acrord32.exe is listed DELETE IT. Than click the add button and add ( .PDF ) and click apply. Highlite .PDF and click edit. In the define attachment viewer take this action select Let Windows choose and run an appropriate application. Click OK, APPLY and than OK again. This worked for me and brought pegasus mail back the way it was before. I can click the open button on the .PDF file and windows opens it or I can click the .PDF file and it opens. This should correct your problem.</P>