SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: Alys Hall who wrote (906)12/19/1997 6:51:00 AM
From: Dave Belz  Respond to of 3702
 
Well said Alys...there certainly are hints of all sorts of things that anger and aggravate the common shareholder....it is very aggravating to see your investment suffer the kinds of loses we have seen...both in burn rate and in shareholder equity... it is frustrating to see a management team that is apparently locked behind closed doors in meetings that even crush the confidence of current employees.... it is frustrating to know that everyone here that posts a negative comment is "on a list,,that they are checking on twice to see if you are notty or nice" ....and maybe this message board is nothing more than a forum to voice those frustrations and anxieties.... so be it....but at the same time if those of us that spend so much time talking here took just a little time and sent one letter to the board voicing our opinions, that would also serve some good... ie burn rate, exhorbitant salaries, excessive spending, large personal debt and high flying life styles, questions of non disclosure and SEC violations...

but to quote the supreme optimist (which is refreshing and needed) Davis Marshall... they have a corporate resolution to bring on the CEO...we have heard that they have to approve a compensation package...that will happen soon... when exactly, i dont know but soon...if the stock goes into the $1's it will be a great buying opportunity...

my Christmas wish is that we have a new administration that can build the confidence of the shareholders and investment community with the highest moral integrity and with a clear sight on the most important objective of why we have invested in TCLN - that we have a better, more humane treatment for the terminally ill that can really make a difference in the lives of people....now that is a message that the board needs to hear and contemplate... i want to once again be able to say that i am proud to be an investor....something to think about as we get closer to CHRISTMASS and HANNAKAH



To: Alys Hall who wrote (906)12/19/1997 10:40:00 AM
From: Jim Baker  Read Replies (2) | Respond to of 3702
 
Alys - how can you possibly suggest in an open forum that shero is well informed? He has repeatedly admitted that it has been years since he has talked with management, and it appears from his own statements that management wouldn't give him the time of day if he did talk to them.

I agree with you that these posts are full of HINTS of fraud and deception.

Does this worry me? Well, yes and no.

Yes, anytime there is a hint of something wrong, one would be a fool to ignore it.

No, if all we get is month after month of vague hints, then I start to dismiss it as idle chatter. I start to look for other reasons for the "hints". I start to think that the people doing the posts are letting the ticker do their thinking for them. If the stock is up, they are happy. If the stock is down, they go psycho.

You know what I do when people go psycho about a stock? I read what management writes.

Even shero and davis admit that rudy is very conservative when it comes to company statements and disclosures. If the company puts something in writing, then I tend to believe it, rather than believe what the psychos are saying on the Net.

Suggest you do the same. Read the Management Discussion in the 10-Q. There is plenty of discussion about what is happening at the company. Where the dollars are going, etc.

Admit it, shero's "burn rate discrepancy" dog is not hunting. It just isn't relevant to understanding the fundamentals at the company. I'll tell shero what I told celeryroot some time ago: the company is far from being cash flow positive, it looks like the burn will get worse before it gets better, it takes cash (and raising cash) to build a potentially big company. Get used to it.

Read the Management Discussion. Investing in Peregrine technology and patents. Development activity in Europe. Financing in the works. Licensing in the works. I think the management is telling me they are thinking big.

I for one am thrilled that the stock is headed for $2. It makes it cheaper to buy the stock. I own more today than I did 90 days ago. I guess I like the prospects ten months from now and two years from now, relative to the current stock price.

In the end, you shouldn't listen to shero, listen do me, or watch the tape. You should do your own research.

And, you should make sure you understand the risks and the TIMELINE of future developments. The stock isn't hitting $100 by Dec. 31 1997.