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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rocketman who wrote (5666)9/25/1998 11:30:00 PM
From: CYBERKEN  Respond to of 9719
 
Couldn't agree more!! As soon as the bastard resigns, let's move on! Great post!



To: Rocketman who wrote (5666)9/26/1998 3:49:00 PM
From: Biomaven  Respond to of 9719
 
It's Time for Congress to Move On.....

You have some two-year-olds happily playing with a new toy and you want to take it away so they'll "move-on"? Do you really want Congress out there passing new legislation instead?

Peter



To: Rocketman who wrote (5666)9/27/1998 1:05:00 PM
From: aknahow  Read Replies (3) | Respond to of 9719
 
Yes, it's time to move on. The Constitution was written long before we had television and the Internet. Attention spans were different then. The rest of the world laughs at us. They understand privilege. The U.S. public has begun to understand the attraction of royalty. Who cares if our leaders lies to protect themselves against a $2,000,000 law suits? Of course a leader has the right to try to lead others to support what ever he wishes to say. True leaders usually find few who will admit to thinking differently. Excess in defense of privilege is no vice. We need to accept that popular leaders should be subject only to censure. While this might seem like a double standard it will be worth the sacrifice of the masses for the sake of our children.



To: Rocketman who wrote (5666)9/28/1998 9:03:00 AM
From: Andriy Turhovach  Read Replies (2) | Respond to of 9719
 
Hey R'Man -

Was someone planning on putting the moves on INCY???

Company Press Release
SOURCE: Incyte Pharmaceuticals Inc.
Incyte Adopts Stockholder Rights Plan
PALO ALTO, Calif., Sept. 28 /PRNewswire/ -- Incyte Pharmaceuticals Inc. (Nasdaq: INCY - news) today announced that its Board of Directors adopted a Stockholder Rights Plan that is designed to strengthen the ability of the Board of Directors to protect Incyte's stockholders and other stakeholders.

To implement the plan, Incyte's Board of Directors declared a dividend of one preferred stock purchase right (a ''Right'') for each outstanding share of Incyte Common Stock held of record at the close of business on October 13, 1998. Each Right represents a contingent right to purchase, under certain circumstances, a fractional share of a newly created series of Incyte preferred stock.

The Rights would become exercisable and trade independently from Incyte Common Stock upon the public announcement of the acquisition by a person or group of 15 percent or more of Incyte's Common Stock, or ten days after commencement of a tender or exchange offer for Incyte Common Stock that would result in the acquisition of 15 percent or more of Incyte's Common Stock.

The Rights expire September 25, 2008 unless redeemed earlier by Incyte's Board of Directors. The Rights can be redeemed by the Board at a price of $0.01 per Right at any time before the Rights become exercisable, but thereafter only in limited circumstances. The Rights distribution will not be taxable to stockholders.

The rights plan is designed to protect Incyte stockholders against abusive or coercive takeover tactics and takeover tactics not in the best interests of Incyte and its stockholders, such as acquisitions of control without paying all stockholders a fair premium, coercive tender offers and inadequate offers. It is not intended to prevent an offer that the Board concludes is in the best interests of Incyte and its stockholders. Details of the rights plan will be contained in a letter to be mailed to Incyte's stockholders.

Incyte Pharmaceuticals, Inc. is a leading provider of an integrated platform of genomic technologies designed to aid in the understanding of the molecular basis of disease. The Incyte General division develops and markets gene discovery and expression products -- including databases, genomic data management software, microarray-based gene expression services, and related reagents -- enabling the pharmaceutical industry to identify new targets and pathways for drug discovery and development. The Incyte Genetics division will provide databases, bioinformatics, and services relating to sequencing and mapping the human genome and identifying gene sequence variation, enabling the pharmaceutical industry to utilize pharmacogenetics as an integral part of pharmaceutical discovery and development. For more information, visit Incyte's web site at incyte.com.

Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. For a discussion of factors that may cause results to differ, see Incyte's SEC reports, including its Quarterly Report on Form 10-Q for the quarter ended June 30, 1998. These forward-looking statements speak only as of the date hereof. Incyte disclaims any intent or obligation to update these forward- looking statements.

SOURCE: Incyte Pharmaceuticals Inc.



To: Rocketman who wrote (5666)10/1/1998 4:58:00 AM
From: Rocketman  Respond to of 9719
 
Report on Million Move-On March

We now have 100,000 signatures on the "Censure and Move On" petition. And
you did it in one week. It's incredible - congratulations and thanks. But
we need more. We need a MILLION signups to deliver a truly powerful message
to Washington. Imagine the impact of "Enough! Move on." from a million
individual voices.

REDOUBLE YOUR EFFORTS TO TELL FRIENDS, FAMILY AND COLLEAGUES ABOUT THE
CAMPAIGN. Forward this email with your own personal appeal. Have them
visit moveon.org to sign the petition and be heard. Ask them to
tell others. Type the complete link (http://www.moveon.org) in your message
to make it easy. Don't send to people you don't know. This campaign is
built on personal contact.

With YOUR HELP, we can do it. And we must before the IMPEACHMENT VOTE
scheduled the week of OCTOBER 4. Once the House votes to begin
investigation and hearings, this will go on for months if not years. House
leadership has indicated an intention to open up matters beyond the Starr
report, as if 4 years and $40 million dollars isn't enough investigation.

We can't allow partisanship, extremism, and personal interest to tear the
country apart.

Censure and Move On
September 29, 1998

P.S. For your information, we've included today's press release below. If
you have any friends in the press. Pass it on.
___________
FOR IMMEDIATE RELEASE

Online petition campaign begins "Million Move-on March":
Aims to collect 1 million signatures by Election Day
100,000 already collected in first week

September 29, 1998 (San Francisco, CA) Censure and Move On, a bipartisan
online petition campaign promoting a common ground solution to the current
crisis in Washington, today launched an ambitious effort to collect one
million signatures by election day. The "Million Move-on March" campaign
will begin with a first-stage goal of collecting 250,000 signatures by the
week of October 4th, when the House of Representatives is expected to vote
on impeachment hearings. The campaign, started by a husband and wife team,
has already collected more than 100,000 signatures in the first week.

"We're just looking for a common-sense solution to end this impasse," said
Joan Blades, co-founder of the software firm Berkeley Systems. "As
Republicans, Democrats, and Independents, we don't necessarily agree on
everything. But we do agree on one thing -- it's high time to move on. And,
if Congress and the President can't figure out how to do this, we'll give
them a million reasons to try just a bit harder."

Censure and Move On began its initial signature gathering effort on
September 22, aiming to collect 10,000 signatures. With 100,000 signatures
in the first week, the campaign has already far exceeded expectations. This
success spurred the group to dramatically increase its signature goal to one
million.

"Frankly, we've been blown away by the response," said Wes Boyd, also a
co-founder of Berkeley Systems. "We spent $89.95 on a Web site, and sent out
a few dozen e-mails. And now, a week later, we've got 100,000 signatures.
However, we are a 100 percent volunteer effort. So, if we are truly going to
reach our goal of 1 million signatures, it's essential that campaign
supporters continue to spread the word."

The Comments section of the petition has been surprisingly popular. "Enough
is enough!" and "Enough already!" compete for the honor of most frequent
comment. The campaign has posted the first 100 comments at
moveon.org. Another surprise is the number of
individuals who have volunteered to give time to the campaign. More than
eight hundred supporters have offered to help.

"The response from across the country reflects a deep concern for America's
future, and expresses a powerful commitment to revitalize democracy through
the active participation of its citizens," said Blades. "With more than
100,000 signatures, and with hundreds of people volunteering their time and
skills, we hope that politicians in Washington will pay heed and act in the
best interests of their constituencies and of our nation."

About Censure and Move On

Censure and Move On is a bipartisan "flash campaign," made possible only
through the organizing capabilities of the Internet. Using e-mail and the
Web, the campaign aims to translate a broad and deep consensus in the
American public into swift action by Congress and the President. The
campaign began with an online petition drive to highlight public opinion.

However, if the issue remains unresolved, the campaign intends to promote
the issue in this fall's election, and mobilize its supporters to electoral
action.

The Censure and Move On petition can be found at moveon.org. The
petition simply states that "Congress must Immediately Censure President
Clinton and Move On to pressing issues facing the country." In addition, the
site includes directions for sending campaign e-mail to friends and
associates, and directions for becoming more involved in the campaign.
Censure and Move On is a 100 percent volunteer campaign.

For more information on Censure and Move on, see our online press room at
moveon.org or e-mail us at press@moveon.org.