I am becoming a little discouraged with the lack of news coming out of Onyx. Based on the lack of postings here, enthusiasm for the company is waning, and I see no effort by Onyx to provide information that might buoy the value of our investments. I sent the following email to Jana Cuiper, who handles PR for Onyx, and will post her response.
To: jana@onyx-pharm.com Date: 12/05/97 11:09:06 Subject: Onyx News?
Dear Jana,
Back in August I notified you that Onyx has been profiled on the Silicon Investor web site. As a result, we investors have access to a bulletin board devoted exclusively to discussion of onxx, daily updated stock charts, and a news feed.
Unfortunately, the activity at the Onyx site is drying up; postings are becoming less frequent, and there is little news available (the last was the 3Q report on November 7). As a believer in PR, it comes as no surprise to me that the stock price is experiencing this "entropy effect" as well.
I hope that there are some exciting things happening at Onyx; surely there are future testing plans in place, analysis of previously completed clinical testing data, quotations from technical journals, etc. I would think it very appropriate for Onyx to provide some of this information to their investors, and help maintain our confidence in the direction of the company.
During one of our earlier conversations, you indicated that Onyx had a home page, but you were unwilling to provide the URL until it had been reconstructed. Has this project been completed? If so, I will be happy to advise Silicon Investor so they can provide a link.
I'll look forward to hearing back from you. My wife and I are among the many who have invested in ONXX based on the promise of your research. I think it appropriate that we have some visibility into the results and future direction of the enterprise.
Best regards, Frank Richardson |