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Biotech / Medical : Techniclone (TCLN)
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To: dwight martin who wrote (1182)1/29/1998 8:24:00 PM
From: Tim K  Read Replies (1) of 3702
 
Well, I own another penny stock! It looks like most of you are in agreement that the conversions and shorting have been largely responsible for the price drop the last few months. It also seems to be consensus that during Feb. and Mar. it will let up. I hope so, one of these days my wife will ask me how this stock is doing...... I'd like to have some good news.

The technology this company owns has so much potential it's nothing short of staggering. Not only can it replace much of the solid tumor surgery and competing chemotherapy, but it can be sold to deliver and reduce the costs and side effects of that competing chemotherapy. How much do you think that will be worth to Insurance cos. and HMOs for the 700,000 plus cases per year?

I guess you also have to wonder how long the Board of Directors is going to take all of this (high costs, no partners, escalating debt, >$55mil., delays, unhappy shareholders) before they take matters into their own hands?
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