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Biotech / Medical : biotech fireworks

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To: Jibacoa who wrote (370)	11/4/2002 1:02:54 PM
From: Jibacoa	Read Replies (1) of 7424

LEON Is up 19.11% on moderate volume of 5K in spite of a Dow Jones poll of 4 analysts,expecting its operating loss to widen to 80.6M from 11.8M EUR. It is expected to have 62.1M EUR in goodwill depreciation relating to its takeovers of NetGenics and Trega Biosciences. It is also expected to write off value of holdings in other biotech companies. The sales for the 2Q are expected to be down by 31% to 7M vs 10.2M EUR a year ago. Bernard

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