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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (45339)	2/1/1999 10:14:00 PM
From: Merritt	Respond to of 132070

Mark: I think you need to read this entire news story: Message 7600013 Conte makes it clear (to me, anyway) that her intent is to ask the shareholders to transfer the assets of SHMN to the privately held (by SHMN) subsidiary, Botanicals. The result would be a private corporation...and there goes your liquidity. If you think Botanicals can be a big winner, and she's serious about someday bringing it back public, and you don't mind waiting a few years, well...it's your money. But it's not going to be a biotech anymore, as they plan to out-license or sell all their bio science that can't be converted into herbal/nutritional products. It's a whole different thing now...wow, she even used the "internet" word in the press release. <G>