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Biotech / Medical : biotech insider buys

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To: dalroi who started this subject5/21/2003 2:38:29 PM
From: tuck   of 213
 
Insiders have bought shares of LSBC in the $0.75 - $0.83 range over the last couple of months. The last seller was Fowler, who was leaving. They have since announced a couple of manufacturing initiatives, and the price is up noticeably from those levels, so they are looking smart at the moment. Don't know what to make of the company; they've burned through a bunch of cash without a lot to show. They need to sell what they manufacture, outlicense some IP, or get munched.

biz.yahoo.com

Cheers, Tuck
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