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Technology Stocks : LEON: LION bioscience AG
LEON 0.01270.0%Oct 31 9:30 AM EST

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To: nigel bates who wrote (17)12/12/2001 2:18:57 PM
From: tuck  Read Replies (1) of 36
 
For some reason, this is being re-released today. Such pump and dump tactics are now more familiar to the Street, and LEON is receiving its punishment by hitting intraday lows as I type during an intraday rally. Was hoping they had more class. Still interested, but Lion is wild, and I'm looking for low teens or better. I'll be really interested to see what the insiders are doing right now.

Edit: for archiving here's the top of today's PR:

>>Wednesday December 12, 2:10 pm Eastern Time
Press Release
SOURCE: LION bioscience AG
IBM and LION bioscience Alliance Paves the Way for Faster Drug Discovery
Combined IT and Life Sciences Expertise to Set New Standards for Data Analysis and Integration
ARMONK, N.Y. and HEIDELBERG, Germany--(BUSINESS WIRE)--Nov. 28, 2001--IBM and LION bioscience AG (Neuer Markt: LIO, WKN 504 350; Nasdaq: LEON) today announced a strategic alliance that promises sweeping changes in the way drug makers conduct research and develop new drug targets.<<

snip

Cheers, Tuck
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