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Biotech / Medical : Alfacell (ACEL)
ACEL 11.55-0.8%Jan 16 3:59 PM EST
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To: Fish who wrote (1390)6/19/1998 3:07:00 PM
From: Tom Scozzafava  Read Replies (2) of 1533
 
Fish, I too have thought about this scenario -- delaying this (presumably futile) process so more insiders can slowly cash out. But the one part I cannot reconcile with this theory is Gail Fraser. That is, clearly she will be ruined if this is a fraud. She (to our knowledge) has not sold shares during all of this and isn't making a fortune in salary. I'm not saying she is or ever will be in the running for CFO of the year, but she's young and her career in the business world could be severely damaged if this is all just b.s. So basically, what's in this for her to perpetuate a fraud? I just don't see it.

Also, Tina will benefit more if this stock goes up. I know, the data is what the data is, and these actions (expressed in your theory) could simply be her best alternative. But obviously, she'll be rich beyond anyone's dreams if this stock goes up.

And again, why would Gail effectively kill her own career for Tina?
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