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Biotech / Medical : Techniclone (TCLN)

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To: Maurice Winn who wrote (2640)10/18/1998 7:43:00 AM
From: The Dodgy Ticker  Read Replies (1) of 3702
 
Maurice, have you looked at the price of PLPT lately? It seems to be a decent enough company, yet after a reverse split its price appears to be back to pre-split levels. Do you think now would be a good time to buy it? I still haven't found a company whose share price has continued to rise after a reverse split, although a poster here mentioned one a while back. I don't think TLCN management will be successful in obtaining shareholder approval for another reverse split, since there are so few success stories of companies who have done them.

Regards, Bob
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