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Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: shero who wrote (2440)8/16/1998 11:50:00 PM
From: Terry D.  Read Replies (2) | Respond to of 3702
 
shero, another piece of software I have to buy. Mandarin to English conversion. I wonder if they have it on the market yet. Probably not much demand. Little OT, but what the heck, slow night.

Terry



To: shero who wrote (2440)8/17/1998 5:37:00 AM
From: Maurice Winn  Read Replies (1) | Respond to of 3702
 
Shero, I've told people whether I own shares because it helps people understand my point of view. But deciding to own TCLN is not a simple effort. There is lots of risk. There is lots of volatility. Most of all, I have way too much ignorance to feel comfortable with it at present. Unfortunately, it is not straightforward for me to gain the understanding either - there is little data on Oncolym, nothing on TNT other than rumour. There have been financial, managerial, technical and other problems galore in TCLN in a field in which I'm a novice. Also, the company has been a secretive organisation and I don't think management or the board has acted in the company's interests. Perhaps due to incompetence in the case of the S3 deal. But there seems to have been too much of a 'clubby' atmosphere for my liking, with loans to Lon, $500,000 of furnishings for 50 people = $10,000 per person, first class airfares.

Sorry if you think me talking two ways. There are good and bad aspects. It's easy to vacillate. There is high potential. There is high risk. Right now, I have enough debt for my liking, so won't buy the stock unless the positives swing more my way. And I'd rather buy stock direct from the company, as my primary aim is to contribute to curing cancer, not buy Lon or Vonnie's shares. They can keep them and leave their money in Techniclone. I feel safer making money in things I know more about.
M