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 : Tularik Inc. (TLRK)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (266)7/25/2002 10:35:55 PM
From: Czechsinthemail   of 598
 
I'd have to agree that the conference call was very disappointing. There was precious little forward guidance apart from the news that they were planning to initiate Phase I in the UK during the 4Q on a compound that has large market opportunity. But without information about the indication, the target, or where their other preclinical compounds stand it makes the company much more of a black box.

The ostensible reason for not disclosing more information was to maintain competitive advantage. That seems questionable to me, and it certainly puts an additional and unnecessary burden on investor trust by keeping investors even further out of the information loop. Developing companies need the collective trust and confidence of shareholders. One way to earn it is by consistently performing and delivering results. Unfortunately, for younger companies that can't reference a glowing history, it is necessary to create a compact with shareholders that bonds them with the company's development through a shared journey. Without communication, the journey isn't shared. Worse still, in the absence of positive communication, the void is easily filled with fears that no news is bad news.

I hope they quickly reverse this new tight-lipped format.

PS Based on the earlier guidance they gave, the launching of the new Phase I is a potentially big deal. Unfortunately, no details so no discussion.
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