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Biotech / Medical : Pluvia vs. Westergaard

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To: JEFF CHAPMAN who wrote (1)9/16/1997 3:47:00 AM
From: Marconi   of 1267
 
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Jeff, (drafted Aug 24th)

I come from the Chicago school of thought (GSB-MBA, Finance & Statistics--Chicago is a great school for ideas and critical thought) where ideas are argued openly on their merits, with the axiom that the best thinking survives this process, and lesser fails.

Mr. Pluvia is using an open forum; he makes assertions that seem to have substance and merit. I read the referenced brokerage newsletter and it did not seem to contain any content of similar substance. Rather they publicly declare they MAY pay $5000 to anyone rendering sufficient private information about Mr. Pluvia to them, implying a villainous quality to Mr. Pluvia. Methinks not! I think it would be wrong for someone to betray Mr. Pluvia, so don't do it! I am interested in what he has to say, although I am unfamiliar with the company mentioned in his comments.

I am a technologist, and in my professional experience it is fairly common for medical laser application startups to fail at fulfilling their initial claims and hopes.

I just joined SI. I admire Mr. Babb for his forthrightness and common sense--excellent qualitities for a businessman. There are many others as well that bring intelligence and contribution to this forum.

Being a potentially high profile individual and not knowing whose attention I may attract, I would rather keep my identity cloaked in this public forum. For Mr. Babb and others like him, I would be delighted to privately make their electronic acquaintance. I enjoy wide circles of contacts. However in the last 20 years I have learned through unfavorable experiences to remain pseudonymous for personal security. Let us all keep this open forum lively and share views of substance.

By the way, following up on rumors of changes ( including failures) of technology can fall under the formal discipline called "technology monitoring", which is a part of effective technological managment. I have employed technology monitoring personnel and technology forecasting personnel--they are used in technologically astute industries to help indicate the rates of changes in technology. We held that all public comments were and remain fair game for evaluation as to their fit into the scheme of things. The securities industry was a modest source of information--comments and views in open forums such as this are probably the more useful information to sample for potentially useful content than stock brokerage or securities reports, red herrings being the exception. It was our personal judgment that determined the merits of information--not necessarily the source. And that is healthy for all parties concerned. Likewise in this forum.

I hope to encourage those who are truthful and fair to continue to do so in their use of this forum. I would hope to strongly discourage those who do otherwise, W & co for example. We are all creatures and our Creator will deal justly with each of us in perfect detail. That makes the truth a standard for which there is no compromise. Stick to it no matter what!

Highest regards to all!
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