SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : HBOC...Buy in here?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (159)7/18/1998 2:16:00 PM
From: Mighty_Mezz   of 341
 
re: "How is it that if the memo were accidentally leaked .... ?"

''We are declining to comment ... That's the posture we're taking,'' said Salomon spokesman Michael Schlein.

My guess is it was first leaked to unscrupulous gorillas who sold their holdings, perhaps even went short on the insider info.
Chart looks like leak happened at lunch on Tuesday 7/14.
quote.yahoo.com

All the selling led to the search for a reason, which led to the leak being uncovered and the story becoming public.

Three or four people will get fired, a few Gordon Gekko types make another few million, a bunch of real people get screwed, and life goes on.

Personally, I think it sucks!

P.S. ftr, I only watch HBOC, am not a shareholder.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext