HONEYBEE <HBE> SEES NO REASON FOR STOCK RISE
Honeybee Inc said it knows of no reason
for the recent rise in its stock price.
    "There are no corporate or business developments, announced
or unannounced," the company said in a statement.  "Business is
continuing as usual," it said, adding that it is not engaged in
any merger or acquisition discussions.
    The company's stock is trading up 2-1/8 points at 14-1/4.
    Honeybee said it plans to release later this month
preliminary financial results for the year ended January 30.
 Reuter
