Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Jeffrey L. Henken who wrote (1237)	2/2/1998 7:37:00 PM
From: john dixon	Read Replies (2) \| Respond to of 3702

Jeff, "Someone here, and he knows who he is". Now who is beating around the bush? Jeff, nothing is fool-proof to a suffciently talented fool. If you know for a fact that someone is lying, give us a name. A real person, just like you! John

To: Jeffrey L. Henken who wrote (1237)	2/2/1998 8:31:00 PM
From: EZLibra	Read Replies (2) \| Respond to of 3702

Oh Jeff, you are a nasty boy. Expose away, it's a White House kind of thing. We Washington boys are used to it. We also hear a lot about conspiracy lately, the First Lady even wrote about it (It Takes A Villain?). It's hard for them to leave town too. Now we Cloners have a villain in Darth and there is a vehicle in the S-3 and the horse he rode in on called Herzog, on the offer all day every day. NASD stats on January trading put HRZG at the head of the remedial class at almost 1 1/2 million. Only 5 mill traded so, IF there is only one S-3 shorter, the maximum he could legally (by S-3 charter) sell is 50,000 per day or about a half million in January. Say the shorter has about $4 mill of the $10 mill left in the S-3. If he drives the stock to Darth's broadcast target of 50 cents then .50 X 20% discount = .40 divided by $4 mill = 10 million shares. That times the full S-3 conversion takes the total outstanding to 48,000,000 shares. So the 4.9% maximum amount that can be owned by the S-3 at any time is 2.4 million shares. Carry his short covering out 20 business days just to get even. In the next 35 trading days the short must maintain a flat to lower price. If he continues to lose 250,000 or so shares a day (today and Friday) he can't afford it. 700,000 plus traded today will probably become a million plus. His loss (a short is a sell) is the buyer's gain. This company is not going under, as Shero and I who have seen this before can attest to. If I were the shorter's S-3 partners I would love this though, I think their freeriding is legal. Think blockbuster announcements, forced buy-ins, White Knight, whatever. Now Shero has called me a penny stock tout and I could never consider that a compliment but any pay I get would be my first pay ever from any company since I was a registered rep. I always pick up the tab when I take any management out (these guys are really deductible). I did accept a 150,000 options, in tranches, from a software company. Its' stock went from a low of 1/16 to a high of 6 3/16 and back and I still own the options. Which not only shows my faith and stupidity but my honesty - I am a true blue Cloner. If Shero wishes I will tell the tale of the penny stock promoters hired by former TCLN management in its first halflife. And then Jeff, our latest Horseman of the Apocalypse, seems to think I am management in disguise. Jeff, the problem with management is they hardly talk to anyone connected to Wall Street. Hey I'm game, put me in, Coach. WE89, you might have better sources than I but what I gathered about being delisted is that it takes about 30 days' trading below a dollar and then you get a hearing. TCLN has hard assets (6-7 million in buildings), a lot of shareholders, and intellectual property other than software (patents). It's a valid argument but I think our artificially low price will be resolved by then anyway. Jim-Bob Baker you really owe Alys an apology, evidently Celeryroot was right about the S-3 (but, maybe credit to Rudy, ours may have some good defense). You and CR could learn a lot about diplomacy (even the Washington version), a clear translation of your thoughts into writing would help yourselves by helping us. You also blew the bet. I think buying here is 'a thought unemcumbered by the thought process' and I will fight for these technologies until I am toothless and nail-less. All of us are beaten up but while most of you spent some time on the thread this afternoon I was talking to fund friends on Wall Street, Peachtree, Wacker Drive, in Houston, and San Francisco. I should have done so before. Situations like this are how little guys become bigger.