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Microcap & Penny Stocks : NEOTHERAPEUTICS (NEOT) (NEOTW) -- Ignore unavailable to you. Want to Upgrade?


To: David M. Evans who wrote (238)4/9/1998 11:08:00 PM
From: Marty  Respond to of 705
 
Thanks for the link, Dave.
I don't know, maybe its me, but I still don't feel very good about it. First of all, I consider myself at least average, if not with a little more than average interest than most in this company, and I am pretty well wired and deluged with information. Yet I would never have seen this press release on the net except that you told me about it and sent it to me. Yahoo did not pick it up, as they do on press releases on all the other companies. It was not on any of the other news search engines I use (so far) either. So if I couldn't find it, how would anyone else who, for who knows what reason anymore, be interested in the stock find it? Who did the PR firm send it to?

Worse yet, there is not anything in there that wasn't already in the press release in February. And to say that its technical platform (whatever that is) is "proceeding at an accelerating pace and that it is pleased ..." kind of leaves me cold. "Pleased" (!), is that it? I mean, is how many people there were in the test a secret? Is how WELL the patients did a secret too? Isn't there any kind of data that could be released? You get the absolute minimum (this whole thing reminds me of my relationship with my first wife) and they seem to feel they did their duty. They have been "planning" this next round of testing for months and months. This announcement of the line of credit for the next 30 months may be a source of great assurance to the employees but it doesn't do much for me. I would expect that the company would control the amount and timing of any draws. What is the big deal? Why the draw-downs won't affect dilution is not explained in any way. What have all those people actually been DOING these last 5 or 6 months?

There was a time when there were a lot of people writing and talking about NEOT... now, the last 30 or so messages on this board have been just between you and me. I now care about 60% less than I did a couple of months ago and if things like the continuing downward drift of stock price, the absence of announcements written in plain English with some enthusiasm, and the continuing nonchalance concerning the shareholders don't change I will care even 60% less in a month from now. After that, my relationship with the company will be like the one I have with my ex-wife... that is to say none at all. Sorry to say, Dave, but you won't even have me to write to. It hasn't been very much fun losing all this money.



To: David M. Evans who wrote (238)4/10/1998 8:28:00 PM
From: Marty  Read Replies (1) | Respond to of 705
 
In all fairness to the Company, I did get the "Press Release" and the Form 10 KSB in the mail today. At the time, all I knew (from you) was that something was out and that it was not on the regular news sources.
Even so, the Press Release should have had more information in it and written in plain English. There has GOT to be a way what NEOT has going can be written so people can understand it and see what progress is being made. The Form 10KSB is not PR. It is going to take a while to get through it.
We are looking at prices lower than we have seen it a year! I could see erosion if there was bad test news or nothing was being done.... but if there is progress, everybody should be told about it. To let it go without doing anything for so long is hard to justify and should be corrected immediately.
I am going on a vacation and I hope there is no further price erosion by the time I get back because I am getting to the point where I will no longer care.