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Biotech / Medical : Depotech(depo)
DEPO 7.300+1.7%Aug 14 5:00 PM EST

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To: Tom D who wrote (769)3/29/1998 7:40:00 PM
From: James Silverman  Read Replies (1) of 887
 
Tom,
Actually Tom, your comments helped as well as those from a Doctor I know from the Lahey Clinic outside of Boston. I asked him to run the idea (sustained release Niacin) to their cardiologists. Their conclusions were quite pessimistic hence I missed the majority of the decline. E-mail me privately if you want more in depth comments.

You shouldn't let a guy like Bob bother you. His comments had no purpose other than to insult. The old adage "DO YOUR OWN HOMEWORK" applies at all times. Quite a few people owned DepoTech based in part on my recommendation and are upset at me for the Depo decline.
To the #@$ with them. To blame someone else for your own investment failures is ignorance at its finest. Plenty of telltale signs were in the open here. Miljenko for one pointed out a few red flags, such as small sample size, heavy insider sales etc. That many people here chose to ignore this and not research the stock independently and draw their own conclusions was their choice. For me this debacle is something to learn from rather than to pass blame (unless you want to blame Depo for their very public overconfidence leading into the meeting).
Good luck rebuilding your wealth.

Regards,
Jim
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