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Biotech / Medical : Alfacell (ACEL)
ACEL 10.24+0.3%Nov 28 9:30 AM EST

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To: Gretchen Maronde who wrote (569)7/21/1997 12:39:00 PM
From: gant   of 1533
 
Gretchen, I agree with you.
Fraser, Lowe both have a ton of stock options and probably feel that they have plenty of exposure to potential rewards in acel stock. Still no excuse for not making at least a symbolic gesture of buying stock in open market at these prices. Given the known facts in hand i still don,t understand why they have not gotten 'on board' with the rest of the public shareholders. {maybe right now would be frowned upon by SEC should they know something we don't.]
The more questions they can put to rest concerning management at ACEL the better for everyone. Who knows, maybe investment banks and institutional investors would actually find insider buys a positive. What a novel concept!
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