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.

Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP) -- Ignore unavailable to you. Want to Upgrade?

To: Sean Janzen who wrote (962)	6/1/1998 9:09:00 PM
From: Harold Lehman	Read Replies (3) \| Respond to of 1501

It's funny. I finally spoke with Michael Liggett last Thursday, who I think had been evading me, a shareholder, and maybe some other people on this thread as well. He said, among other things, that Inflazyme did not want to dilute their stock. I guess he's full of it. Next time I'll record the conversation and subject to the Truth Seeker (a voice stress analyzer, i.e., truth detector, put out by Sharper Image) as this kind of tarnishes his credibility. Does he not care that his forthrightness, or lack thereof, would be subject to public discussion? I can only wonder if anything else he told me is true. We all have to wonder who this private placement went to. My vote goes to Goldman Sachs/Rothchilds or someone closely associated with them. Do you want to know why I held on despite all of Salari's bullshit? Two reasons. One was that it looked like they may really have something good, and announcements are hard to predict, esp. when you're told that they're always negociating. The other reason seemed somewhat cynical and paranoid, but I thought it could occur anyway. That is, I suspected that after GS/R came on board, which I don't think they do lightly, that they might orchestrate a shaking out of many of the noninstitutional shareholders, such as most of us, by a process of attrition. To really be effective it would help to have management cooperation, i.e., promise immminent results from negociation for a long time and never deliver. Does this sound familiar? The fact that they told Salari to step down could be a variation of the good cop/bad cop routine, covering their tracks so to speak. Like I said I think there may have been an effort to shake us out. I don't know that I'm right about this, but that's what I believe. Incidentally, has anyone been looking at the daily chart lately? Scoop patterns are considered bullish, and IZP is in the process of completing a triple scoop pattern, each scoop having a higher bottom than the previous one. Even the weekly chart shows scoop patterns. For what that's worth. I'm holding on to my shares despite the fact that these guys are trickier than any of our presidents.