IF you have been following this stock closely can you reply as to the speculation behind this stock. Is it buy-out speculation? Earnings expectations? or Both? The fundamentals here are troubling me.
If my memory serves me correctly, I was the only
one to post a comment about Bill Shepherd. My words
were, in effect, "Bill Shepherd is a decent man."
I'm certainly not making excuses, but, in my opinion,
Bill did what he thought was right for the company.
The numbers/share appreciation, depending upon the
time frame, seem to indicate that not much shareholder
value was created on his watch.
As an adjacent
point, I have felt for a long time that TOTAL
compensation for most CEO's is way out of line! I carry about
10-20 stocks in my portfolio and can't believe how
CEO's take home a bundle of cash while the stock is
stagnant or falling like a "hot rock." Small investors
have no chance to influence that. It is strickly up to
boards and large investors to get on their asses about
Have a good one, needg4s, Deuce
With the demise of 550 employees and a
infrastructure is Sales & Marketing still there along with R&D,
this Board should now begin to receive some insight to
what is really happening. SG&A is being replaced with
100's of R&D personnel. Yet where has R&D been the past
5 years. If they had the product in the
they would not need to have made the cuts they did.
$113M restructurihng charge for use in the next two
years allows me to believe they will be more reductions
if R&D does not perform.
You have to hold R&D
accountable and that was not the case this year. Maybe that
is why its called the Shepherd building. I do not
know. Still think the stock is now overvalued, as the
Earnings will be impacted. Be interesting to hear from any
of the 550 people that were asked to go elsewhere.
There is going to be hemoraging and I just hope the
Sales are there. Does Sales know what they are doing,
or are they just trying to buy market share as I do
not think the boys in Texas are not willing to give
up any just to make AGN highly profitable. BL is
still one year away from making their combined entry
into this field and then it will be a two horse race
unless AGN sells out to J&J.
Some of the other members of this board are
extreamly polite in reference to Mr Shepherd for various
reasons (obvious ex-AGN employees), however, being a
shareholder for many years, and holding on when Mr. Shepherd
ran the company (in my opinion for his own personal
gain) I'll state a blunt opinion. To see if he should
be on a board of another company other than to help
the board members rake in the dough at the expense of
the shareholders, simply look at his salary growth
compared to the stock price since he took over from Mr.
Herbert (available in 3-year incriments in each annual
report). Then look at the stock price since he left. The
excuse at the shareholders meetings was always along the
lines of "this is what other people in his position get
at other drug companies", even as the stock
performed WELL BELOW those companies. Or even "to keep his
talent on board". With talent like that, who needs
competitors. The stock would have been much better without
him. He was, after all, the president and ulitmately
responsible for the stock price. I believe he was just in the
right place at the right time and rode the gravy train
to the end. More power to him becuase the
shareholders let him get away with it.
Hi "oldguyeye": Who knows the real intent on
message boards? Certainly not me! I think you take this
for what it is...a forum where anyone can say just
about anything they want to say. If one is a serious
investor, they will seek out many other sources of
Have a good one, Deuce
hey deuce...that guy could'nt get any info on
that board if he tried...11,000 messages versus the
145 here...all that for one of those bio fraud type
companies...i think it trades at .75 now with about 45,000
shares...wonder if he thru out bill's name hoping to get some of
these wise agn investors intrested in that company.
No need at all for an apology. I understand your
frustration with micro/small caps like TCLN. As a private
investor, I've learned the hard way that in many cases
markets make zero sense! But, that's why they're called
markets. That doesn't ease the pain, but it is reality.
Afterall, the Russell 2000 is down around 20% this year and
many small/large caps are down much more than that.
See me for details <frowning>.
should feel free to post on any board of your choosing.
Occasionally, you will gain some actionable information to help
make better investment decisions. For the most part,
though, the message boards are chat, "I thinks" and a lot
of hearsay. Most of all, they are fun.
good one, Deuce
of my question. I am a TCLN shareholder. Just
looking for some IMHO's. Have no financial background or
any connection to the company. Just a shareholder
looking for opinions about Shepherd's dealings with AGN.
That's all.Shareholders on the TCLN Yahoo Board have
been expressing their IMHO's regarding old/new Board
of Directors, so I did not think it would be a
problem to ask your IMHO's about his impact on AGN, if
that was ever an issue here. AGN stock price is solid
compared to TCLN, and we all hope a refreshing B of D will
improve this company's stock value,...some day,... but
that's a different story. Do not want to take up too
much time on your yahoo board. You said Bill Shepard
was a decent man.....That's the kind of info i was
looking for, plus anything else someone may wish to
add.In short, I'm looking for reassurance, because many
TCLN shareholders are extremely frustrated about all
of the positve news that has come out over the past
few months, but the stock price seems to dive
everytime solid news comes out!! But like I said, that
issue has been torn apart from every angle on our yahoo
message board.Won't post here anymore, feel like I
stepped on a few toes with this request. Again, sorry for
the lack of clarity.
Just joined the Techniclone (TCLN) Board of Directors. Anyone of you happy campers care to share your input about this??? TCLN board is trying to evaluate his presence. Thanks.