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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject6/7/2001 5:21:57 PM
From: besttrader   of 37746
 
More after hour news. (No intel though) -->

Cellegy Pharma (CLGY) 7.07 +0.06: Announces completion of a private placement of about 2.7 mln shares of its common stock, resulting in approximately $15.4 million of gross proceeds to the company. "Demand for Cellegy stock was strong in this financing which will provide sufficient funds to complete ongoing Phase III clinical programs on Anogesic and Tostrex, allow us to carry out planned regulatory filings with Anogesic, accelerate clinical development of our Tostrelle product, and permit us to consider selected in-licensing opportunities," said CEO; see press release.

King Pharms (KG) 53.40 -0.04: Announces a their ACE Inhibitor reduces the risk of kidney failure in hypertensives according to a release by The National Institutes of Health; see press release.

Data Critical (DCCA) 1.91 -0.04 : Company's merger with VitalCom was approved by the stockholders of each company at each company's stockholder meeting; see press release.

Silicon Image (SIMG) 4.74 -0.16: Announces it has acquired privately held, CMD Technology, Inc, a provider of high-performance and high-availability storage solutions for SANs. Silicon Image will issue approximately 6.4 mln shares of Common Stock, in exchange for all issued and outstanding shares of CMD Technology; see press release.
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