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Biotech / Medical : Biotech Lock-Up Expiration Hell Portfolio

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To: tuck who wrote (963)5/6/2004 1:52:29 PM
From: tuck  Read Replies (1) of 1005
 
PTIE with a sudden burst of pachydermal energy in the last few minutes. Not huge, but 100K changed hands in an eyeblink, which is unusual for them. Up 7%+ on a tough day. Disclosure: I am long with a covered write that was looking pretty good, and is suddenly looking very good. All I can see is a presentation this afternoon. Wasn't expecting any significant announcements . . .

>>SOUTH SAN FRANCISCO, Calif., May 3 /PRNewswire-FirstCall/ -- Pain Therapeutics, Inc. (Nasdaq: PTIE - News), a biopharmaceutical company, today announced that Remi Barbier, president and chief executive officer, will present a corporate update at the Smith Barney Citigroup 2004 Small & Mid-Cap Conference in Las Vegas on May 5 at 4:00 p.m. Pacific Time.

The corporate presentation will be open to all through a live audio webcast on the Pain Therapeutics web site, www.paintrials.com. A replay of the webcast will also be available one hour after the live event through May 19, 2004.<<

Cheers, Tuck
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