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Biotech / Medical : Depotech(depo) -- Ignore unavailable to you. Want to Upgrade?

To: Tom D who wrote (776)	3/29/1998 10:03:00 PM
From: John Metcalf	Respond to of 887

Tom and Jim, good points, both. I fault myself for accepting the story of Depocyt without sufficiently kicking the tires. As always, I was the one who decided to buy the stock, and only I am responsible for the results. In retrospect, I should have been more concerned when Depocyt was not scheduled for the June (97) meeting, and I should not have accepted that an FDA answer by the end of the year would be positive. After all, they would hurry up on a promising treatment for a condition lacking adequate treatment. As to DEPO and KOSP, the rebounds were no-brainer plays that would have made more money for a skeptic following the thread than can be made by kicking an investor who has lost money. Finally, the Mother of Bull Markets has caused an epidemic of Fortune/Wisdom Substitution. Too many people are confusing Luck and Intelligence these days. Though who dig for solid information will eventually prevail. Thanks for sharing it.

To: Tom D who wrote (776)	3/30/1998 4:45:00 AM
From: Bob Barels	Read Replies (1) \| Respond to of 887

Tom, as I mentioned in the other thread I do not blame you for my losses. I had bought ABTI long before I saw your analysis, influenced by a Professor of Chem. Eng. in an Ivy League Univ. (friend of ----- and myself). I was a Professor in the same field for 5 years in a U.S. Univ. before I moved to Europe and I believed my friend all the way. At the end we all got killed because the person (-----), I do not mention his name for obvious reasons but it is trivial, was playing a game. Because of the way you walked out from both threads (ABTI and DEPO) after the bad results, I had thought that you were intetionally hyping the stocks. This is what I meant when I said I will take a short position against your recommendations. Not because you are ignorant or because I found a trend with two stocks that failed but because there might be some intention to hype bad stocks ( and as we all know there are people who are doing this ). However, I do not believe that now after your latests posts and I want to apologize for believing that. I wish you well and a nice financial recovery soon. I am not going to post in this thread again unless I have some news from the Conference in the next few days. Personally, I am no longer interested in this company but someone has asked me to pass any information. Best regards Bob