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Biotech / Medical : Imclone systems (IMCL)
IMCL 0.1590.0%Oct 5 5:00 PM EST
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To: Miljenko Zuanic who wrote (1898)1/25/2002 9:07:57 AM
From: Arthur Radley  Read Replies (3) of 2515
 
Miljenko,
You wrote.."Isn’t this FRAUD, selling on inside knowledge, regardless from who and for what money is needed?????"

If you are taking friendly suggestions, may I offer a suggestion that you devote some time to understanding what FRAUD is and what inside information is for publicly owned companies. For you to imply fraud and in sider activity it absurd.

For you to imply that they were acting on insider information...must mean that the CEO is as detached from reality as you are. Miljenko....Miljenko...if one knows anything about biotech companies, that is that stock offering are always the first course of action to obtain funds. And just for your knowledge, I have TWO analyst reports on BTRN and in each they talk about the FACT that BTRN will probably have TWO stock offerings in the future(One being already announced after these reports were issued). So please tell me how this should be construed as trading on insider information when it has and is being openly discussed in an open forum.

Miljenko..another friendly suggestion...devote less time to your efforts to develope your arrogances and more time to not posting drivel and miss leading and erroneous information. And Miljenko..invest in those biotechs that don't offer secondary stock offers and guess what...you won't be investing in ANY biotechs.

Now have a good day...and look up the meaning of FRAUD!
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