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


To: shero who wrote (2815)12/22/1998 10:05:00 AM
From: Tim K  Read Replies (1) | Respond to of 3702
 
Not much posting over here. Here are a few cheerful words about TCLN to help fill the void.

Take a look at what has happened recently. We had a run up over $1.50 for news that wasn't as good as the Lym-1 license deal, so you know a price increase in this stock can happen, and will happen when the deal is announced. Also, Elizabeth gorbett Frost, as I recall, has financial incentives in her employment contract to finish the sale of the property/facilities by 12-31-98. Expect this announcement soon. This will bring an immediate cash infusion, don't remember how many millions right now, I think it was $4mil.

You are going to see a very interesting 1999 for biotechs. I read that there should be 50 FDA approvals this year, and 80 in 1999. Some of the large biotechs are becoming profitable, have cash, big market caps and will be looking for companies for mergers, products to license. Credit will also be available to the healthy companies for acquisitions and partnerships. With the products and the status of the clinicals that TCLN has I think it looks really good for us.

We still have several things to happen near term which should raise the stock price and keep you interested. In the meantime, look at the Co. web site, and call Tustin to discuss your investment.