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Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Belz who wrote (3161)6/20/1999 1:36:00 AM
From: Terry D.  Respond to of 3702
 
Dave, here is the link for S&P. Just scroll down and click the comparison for S&P.

Terry

quote.yahoo.com



To: Dave Belz who wrote (3161)6/20/1999 10:42:00 AM
From: shero  Respond to of 3702
 
Dave, sorry but I don't know the answer. What I'm wondering is if being listed with S & P is being confused with being included in a
S & P index (which would really help the stock). If the stock is included in an index all the index funds have to buy it. Even if TCLN had a $200MM market I think it would be too small.

S & P charges about $3,100.00 dollars for a listing. Its been some years since I checked but that was about the number 4 years ago.
S & P doesn't pass on the merits of the company. They do review the financials which must be certified. The reason companies do this is because a listing with S & P takes care of the "blue sky" requirements with about 38 or 40 states.

Lawsys can explain this much better than I. However I do know that TCLN was listed with S & P back in 1984. That doesn't mean they kept the listing current.

Do you have any thoughts on the sudden interest in TCLN? I think some "big hitters" decided the stock was undervalued and have been willing to "step up to the plate" with their buying. If the company cannot continue to generate interest and nothing new is announced when these groups accumulate the position they want the stock will drift down.

I don't see this buying as "smart buying." TCLN always traded on good volume. A sophisticated buyer would have worked with one or two market makers and bought the stock on the bid, 50M or 100M a day, until they had acquired the position they wanted. If the volume dried up with a strong bid they would have just taken out the offers 1/32 over the bid and them moved up on the bid. Every time the stock upticked to $1 and 1/32 or $1 and 1/16 the sells came uot of the woodwork. This leads to the speculation of "is something about to happen that is so big and so immenent that the stock had to be bought now, regardless of the run up in price?"

One thing I've learned in over 30 years in the market is the the "market" always knows more than I do. I have no idea what is going on here, other than what I've speculated on. How about you?

Regards.



To: Dave Belz who wrote (3161)6/20/1999 12:00:00 PM
From: shero  Respond to of 3702
 
Your post made me check out Yahoo. Haven't done that in months. I tried to view the last 40 posts but after about 20 it was apparent that nothing has changed. It is really something that people who know so little...anyway I won't go back to Yahoo for a few more months. Between Terrys, Cynthia, and SI I can find out what I need to know.

One more thought. All this talk about a buy out. I don't think so. I pray not. Everyone here thinks the technology has been proved out--why else would we continue to hold the stock?--but J & J doesn't. They will watch the results closely, but believe me, they would rather wait and pay $10 or $15 and be right than to pay $5 and take a risk here. Besides any deal would probably be for stock so it doesn't really cost them anything.



To: Dave Belz who wrote (3161)6/20/1999 12:44:00 PM
From: Bob L  Read Replies (1) | Respond to of 3702
 
S&P issues "Reports" for TCLN periodically. The most recent was 6/12/99. You can get it from Multex multexinvestor.com
for $5, but I think you will find has little more than can be gotten from Yahoo or many other places on the web, in other words a summary of the financials and news. But it does imply that the listing mentioned by Shero has been kept up. Since S&P issues many, many reports with little useful information, I doubt including tlcn will matter any.