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Biotech / Medical : CYTO -- Ignore unavailable to you. Want to Upgrade?

To: Troy Suarez, Ph.D. who wrote (7369)	7/31/1998 2:13:00 AM
From: starpopper	Read Replies (1) \| Respond to of 8116

That release sounds like wishful thinking! I believe they did this to create the impression that they were a desirable company...trying, in vain, to bump the price up or attract attention! Or worse yet, management realizes how inept they have been at executing and have gone into defense mode to protect their perks and position...don't be fooled, the LAST thing on these guys minds is protecting shareholder interest! If they were the least bit concerned about shareholder value then they wouldn't have done that ill-advised "death spiral" financing, and they would be ACTIVELY seeking a sale! They don't want a sale because they know FOR SURE that the ENTIRE management would be axed!!! I'm finding myself wishing I had sold everything when I had a 250% gain on my full position, and I'm sooo glad I sold part of that position at that time to leave nothing but profit riding on CYTO at an average cost of $0.75! However, if this puppy returns to $0.62 then I'm still going to be PISSED!!! I'm out of this dog IF we get another pop...long term prospects are not too good, and the end-game looks to be shaping up! Are these bastards...(sorry, I was going to say "NUTS" but wanted to fully express my disdain!:-)...going to drag this thing out as long as they can draw a paycheck...selling off or closing divisions piecemeal?! Pretty soon I expect to hear them talking about selling the rights to Prostascint and Quadramet!:-( Maybe I should just sell my remaining position for a 66% gain at $1.25...whooops, I forgot we are now BACK to $1!!! That "base-camp" they tried to set up at $1.25-$1.50 had no supplies of ammunition or sustenance, and was promptly overrun...at least that is what the troops are saying, but I think I remember them being trained by the Iraqi Republican Guard who we all know are known for their ability to tuck tail and haul-ass at the sight of army ants!!! There is ONE consoling aspect of todays action...extremely LOW volume! Maybe those guys that did the buying last month have a second phase of buying that kicks in at $1 on any retracement after their initial purchases...keep your fingers crossed!!! $tar.