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 : Pharmacyclics (PCYC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Harold Engstrom who wrote (665)12/17/2001 1:52:05 AM
From: Sam Citron  Read Replies (3) of 717
 
Harold,

I would never form such a hasty conclusion. What is the sense of asking a question if one already knows the answer?

Red flags indicate risk. But no enterprise is devoid of risk. I simply interpret them: "Proceed Cautiously," unless they are in sufficient number to dissuade me from continuing at all. But I have not yet reached that point.

The hasty removal of a conference call may be determined by legal or competitive factors that do not necessarily have anything whatever to do with the probity of management. If done for appropriate reasons, it may not necessarily suggest a lack of transparency. I am simply left pondering what such reasons they might be. As you recall, I simply asked the thread whether such early removal of cc webcasts was their convention. I am somewhat surprised to have received no reply as of yet.

The release of extremely material information one minute before the close of trading is much more serious. It warrants SEC scrutiny in my opinion. If no immediate and spontaneous explanation is offered by management, that too is telling.

I hope that the silence I have encountered thus far is not an indication of complacency on the part of investors.

Indeed, that might be the reddest flag of all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News