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

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To: gant who wrote (572)7/21/1997 10:01:00 PM
From: Gretchen Maronde   of 1533
 
Gant,
There are many things that management could have and should have done
to help build shareholder value. Selling EVERY time the price goes
up has surely done nothing but destroy whatever faith any outsider might have in ACEL. Must look a tad strange to investment bankers and institutional investors when they attend one of our "dog and pony shows" and go back to their offices and check their copies of the Bloomberg report and see all of the "insider selling"! Why should THEY
be tempted to buy? After participating in two Acel private placements myself I know it sure ticks me off!

Gretchen
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