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Technology Stocks : Tseng Lab on the move?

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To: Urlman who wrote (237)11/2/1998 12:52:00 PM
From: AJ Berger  Read Replies (1) of 251
 
Today is the Day to Decide...

ipocentral.com

today we are TSNG
tomorrow we are sleeping,
and Wednesday we will be
1/3 of a CLPA share after
it IPO's in the teens.

I'm trying to find out from the underwriters
how well subscribed those share of CLPA will
be to get a feel for it's opening price. That
is why TSNG is going wild today. If CLPA's
$15 then TSNG's only worth $5, but if we hit
a home run and get into the $20's, then TSNG
is worth much more. Either way Phase-III will
end early '99, and at this late phase, approval
is highly likely, though the drugs application
may still be confusing. I'll share my under-
writer gossip as much as I'm allowed to do.
I'm not a securities proffessional, but don't
want to get any of them I know in trouble for
sharing, just stay tuned for a note before 4pm EST.

P.S. those 3 Tseng's that had to dump their
shares at $1.50 back in December'97 must be
crying. serves them right for screwing so
many shareholders during their tenure.
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