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


To: Alys Hall who wrote (809)12/6/1997 12:05:00 PM
From: stephen samborski  Respond to of 3702
 
Alys,

By "inertia of enthusiasm" I meant that my initial interest/enthusiasm for a particular company (now pretty much D*E*A*D)was cautionary, yet quite exciting: (ie mass encouters friction thus reducing speed)= diminishment of interest by lack of control; but artifically sustained and consequently kept in motion by the illusion (wishing to believe) that time, distance and a down hill slope would provide sufficient momentum, allowing me to fool myself into overlooking the obvious flaws (M-A-N-A-G-E-M-E-N-T + B of D) that this company had regarding its ability to make it. I even went out to visit it for three days. While the "sizzle" was everywhere, the steak could not be found. I came home with some real skepticism, citing as my concerns what eventually led to its demise. While others focused on the charts, potential, and soon to be announced technological "breakthroughs", deep pockets and around the corner contracts,...I could'nt help but see that management was hollow and totally bullshit. But boy, could they sell the snake oil! Old adage..."First time, shame on you; next time shame on me." = "inertia of (not for) enthusiasm"!

What makes me nervous is when my skepticism or caveats regarding a company provoke hostile responses...that's a benchmark well worth noting. These chat sites are loaded with hidden agendas. Guess we all need to lighten up.

Lisa(my wife) and I are going out for lunch. There's a place near by that serves the best clam chowda (New England style) and outstanding
fried errsters. So, enjoy the rest of the day. If I have time, I'll check in before heading back to the great unoccupied territory of North Western Maine.

One final note: I am not a technician. A company is only as good as the people working for it. Regarding the charts of the company I was referring to...god, they looked super. Surprise!! Never the less, I hope your interpretations are correct. We will all profit in some manner.



To: Alys Hall who wrote (809)12/6/1997 2:57:00 PM
From: Manfred A. Wallner  Read Replies (1) | Respond to of 3702
 
Stocks generally go up or down based on the public's perception of its merits. For TCLN, I don't care about perception, or what the stock does in the short term. What is important here is the REALITY of one of the most important products the world has seen, which will inevitably come to public attention in the fullness of time. If you build a better mousetrap, unfortunately the world will NOT beat a path to your door unless you successfully market the mousetrap. But if you invent a cure for cancer, no matter how badly you market it, the word will get out massively. Don't worry about the short term price,up or down. You're not going to do anything in the short term anyway (except maybe buy more shares at these terrific prices). Just don't invest money you can't afford to sit on for a good long time, and DON'T MARGIN.
Good luck. Keep the faith.
Manfred