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Biotech / Medical : genelabs(gnlb) -- Ignore unavailable to you. Want to Upgrade?


To: Biotech who wrote (121)5/21/1998 4:55:00 PM
From: taLuis  Respond to of 233
 
Does the following news relate to GNLB in any way:

Thursday May 21 2:20 PM EDT

Clinton to order germ-warfare stockpiling

WASHINGTON (Reuters) - President Clinton has decided to order the stockpiling of vaccines and antibiotics in case of an attack against the United States using biological weapons, a published report said Thursday.

The prospect that an enemy state or extremist group might unleash a deadly pathogen or toxin, capable of killing tens of thousands of people in a U.S. city had become an increasing concern among national security specialists, The Washington Post said.

Clinton's order would be the latest and most ambitious of several recent administration initiatives to improve the way military and civilian authorities cope with domestic attacks.

The Pentagon has already accumulated some medicines to shield U.S. troops from a handful of germ warfare agents, but no similar reserves exist for civilians.

Details about how fast to build the stockpiles and how to pay for them were still being discussed by senior administration officials, the Post said, quoting sources familiar with Clinton's plan.

Clinton was expected to announce the plan Friday during a commencement address at the Naval Academy in Annapolis, Md., the Post said.



To: Biotech who wrote (121)6/8/1998 9:41:00 PM
From: JMarcus  Read Replies (2) | Respond to of 233
 
I can't believe my eyes. Yahoo reports volume of 3,937,900 shares today, within a relatively narrow trading range (between 3 1/16 and 3 1/4). The average trading volume is a mere 100,090 shares. How on earth could the volume have increased like that without moving the price more than 3.85% (closing price was down 1/8 at 3 1/8)? Anyone have a clue as to what is going on?