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

To: shero who wrote (805)	12/6/1997 10:39:00 AM
From: stephen samborski	Read Replies (1) \| Respond to of 3702

Shero, there is a dynamics going on here that is puzzling. Perhaps Davis or others can provide some insight for us. The consistent pattern for the stock has been...positive, cuddly but muddly announcement... and selling occurs, with minor hypes along the way. Suggests to me that market makers are still attempting to squeeze marginal profits through some degree of manipulation. (Nobody seems able to put TCLN's $7 spike into perspective.) Regarding management...who really is in control? Another member put on the board, but by whose direction. There is a power base somewhere amongst the board members, yet no one seems to yet have been identified. We hear both sides relative to the credibility of TCLN's products and its research. And we can speculate until the cows come home about its potential. I recall seeing an exhaustive report several years ago that came out of "Blackhawk research", something like that. Their projections then are your "deja vu's" today. The fact of the matter is that something significant is holding the Wall Street majors back...their reticence is far more than just being cautious about biotechs. Clone has been around for a good deal of time now, and yet nothing is stimulating a significant following. I am as patient and as hopeful as everyone else. On the other hand, at the risk of sounding pessimestically deterministic, I cannot help but wonder. All of the clinobabal, and onconobabal aside, I would like to know: 1) Who are the real movers in this company? 2) What is managements' strategy regarding this newest placement? If they are attempting to reestablish credibility with Wall Street through packing the board, it won't work. 3) Which brings me to wonder...Is management being manipulated to create a gold plated board as an alternative to being able to produce the very products we count on to make our fortunes. The rationale here being that what they in fact have for the market is relatively insignificant. For every day that passes, these products become a bit more "ho hum". Is TCLN's only choice to create an impression that the company is strategically on the right track; to hopefully induce a market response that will raise the stock to a point where the big boys can cut their losses and run to the bank, or sell out at a price that is considerably more advantageous to them than it ever will be to we stockholders. A lot of hard, real time questions can be answered by identifying the power base for this company. The quintessential irony could be that it is none other that Lon himself. Regarding the Queen of Hearts' command when she shouts "off with his head", she might just be looking in the mirror, at herself.