Neurocrine Biosciences Inc. Message Board

altrfan,

That was uncalled for and untrue. I have admitted to being a confirmed long and a believer in what Dr. Ali says, but I am not a shill whose definition follows: "A shill, also called a plant or stooge, is a person who publicly helps a person or organization without disclosing that they have a close relationship with the person or organization." I have never met Ali and I have never talked to Ali. My only connection to TranSwitch is that I have invested, what for me, is a bunch of money. Your characterization of him as a "terrible day to day CEO" suggests you think you could have done a far better job. I doubt that and you come across as a self satisfied, arrogant, back seat driver . If this turns out to be successful, you will have mud on your face. In either case, you owe me an apology. I am disappointed in you, I thought you had more class.

Ochs

reed1v,

Even at 620K shares, you are talking about a total dollar volume of about $250,000. To me that is noise.

Ochs

Depends on when the hearing is and what the NAZ decides.

Ochs

altrfan,

Although no one likes a reverse split, I would rather they do one and stay listed rather than get delisted and have to apply for relisting. The requirements for relisting are more stringent than those to stay listed, as you know. I don't think the Hearing Panel would consider revenue and profit projections from Dr. Ali as sufficient evidence of the viability of the company.

Ochs

flexible,

I think niles said they cured the equity shortfall with the PIPE in April. Who knows where they will be at the end of the quarter. R/S soon?

Ochs

bull,

I emailed Bosi today and said that a r/s appeared to be their only option at this point. Of course the last thing that he would consider as an input is mine, and rightly so, but we will see what happens. I can't see how the Panel can approve continued listing just based on promised revenues. I bought another 1K today so I hope the multiple is divisible by 5. Good luck to you and all other longs.

Ochs

flexible,

I am not saying they would get anything, but the cost of defending oneself would be considerable not to mention the aggravation.

Ochs

flexible,

My point was not that he was "crazy" for believing he can get to those numbers, but rather that he would be "crazy" to keep reiterating them if he wasn't supremely confident in a successful outcome. I certainly don't think Dr. Ali is "crazy", but if he doesn't come close to those numbers, I foresee a blizzard of class action suits claiming investors were misled.

Ochs

PS: It also gives me succor that he owns 660K shares bought at much, much higher prices.

gandhip,

As you said, TranSwitch's viability as a company really has little to do with the macro environment. We will soon find out if you and I were wrong to believe in the "story" i.e. by the end of the year. I still come back to the point that Dr. Ali would be crazy to keep reiterating that they will be cash flow positive in Q3 and profitable in Q4, if he didn't think that was in the bag. Of course, he too could be wrong.

Ochs

reed1v,

That is not true. The board will be reconstituted under the new symbol TXCCD, if what you are saying about the delisting is true. I have to check the news.

Ochs

flicker,

Dr. Ali is not from India.

Ochs

altrfan,

I believe the $12 million figure was a total for telecom's contribution. That is up from the roughly $10 million rate they have had lately.

Ochs

anil,

Pretty funny for a "fresh face from India". You need to look up caca in a Spanish dictionary. A synonym is mierda.

Ochs

toad,

Already have a 1963 220 SEbc. Thanks for the thought though.

Ochs

koomar,

You are calling me a rookie? You have a couple of thousand shares and I have 114K and I am the rookie? You are the neophyte. I have been in this stock for over six years and know the company inside out. I have always said that it was a gamble.

Ochs

PS: Your all knowing narrative is extremely annoying, because you don't know caca.

Hello reed1v,

Obviously some small stockholders could go from round to odd lots, but with the current fees for trading that is not a big issue. As far as fractional shares are concerned, it you have a few hundred bucks invested in TranSwitch, that is pocket change. The company is not proposing to issue an additional 100 million shares in July, it is merely authorized to issue that number of shares if they feel it is necessary for future growth. Finally, you have no idea, nor do I, of what the stock price will be when and if they decide to do a reverse split, so what you say is pure speculation. As I recommended to koomar, this is a huge gamble for me and others, lets just see how it plays out. Thank you for the reply.

Ochs

cansomeone,

Nice triple.

Ochs

Looks like I must have been wrong about the delisting. The original Dec 6 letter seemed pretty clear. ????

Ochs

altrfan,

I plead guilty to responding too often, but if someone questions my honesty it p#$$es me off. I will use the rating button more in the future.

Ochs