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Biotech / Medical : biotech fireworks

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To: Jibacoa who wrote (524)12/23/2002 1:49:39 PM
From: Jibacoa  Read Replies (1) of 7424
 
LEON Is up 23% on volume of 23K (about 2x its daily volume)

It announced last week that it has signed a licensing agreement with Siena Biotech, an Italian biomedical research company, for SRS Evolution technology to provide the basis of their bioinformatics infrastructure.

It is holding above 3.75

siliconinvestor.com

But it still needs to close above 4.50 <g>

siliconinvestor.com

From a longer term perspective it seems to have plenty of room to run.<g>

siliconinvestor.com

The stock continues to sell around 0.6 of book and below its reported cash.share around $4.55 The float is around 12 M and although the loss/share in the past 12 months has been up to $7.55 some of that was due to "goodwill write off".<g>

Bernard
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