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Biotech / Medical : CYTO

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To: Paul J Caruth who wrote (7273)5/27/1998 1:12:00 PM
From: Eric Freeman  Read Replies (1) of 8116
 
Paul, I agree with you in general terms, but not when it comes to shareholders putting forward their views. Many believe that the troubles which Cytogen currently faces are a direct result of CURRENT management. IF this is the case ( which I believe to be true also) and the management continues to delude itself and all other shareholders as to their long term abilities to direct Cytogen, what do you suggest is an appropriate course for small shareholders. Should they get on their knees and seek intervention?
Over on Yahoo, this "Lone Wolf" person is supposed to have gathered a list - 5 million share total, from shareholders who want change, and some accurate answers. I do not know if "Lone Wolf" is following up, but I do feel it is very appropriate in this case.
And as for unhappy shareholders - I prefer to here their views, rather that than endless speculative hype, which so far has proved to be incorrect. After all these people have put money into this company already, based I suppose on expecting certain performance. Did they ever get it? Has anything really changed?
When I see REAL change, then I might change. If not - I for one will continue to point out the weakness which is at the heart of our problems - MANAGEMENT. And I for one would not put anything past these guys. For instance, maybe they want the price down, so they can move shares into "friendly hands" and preserve their jobs, pathetic as that would be, it is possible - Yes? NO?

Eric

Eric
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