Replies to post #1170 on GTC Biotherapeutics (fka GTCB)

[Tino232]

This is a deeply disturbing reply from DEW

The fact that I am THINKING of something does not make me a criminal (on this board or anywhere else) because thought is deeply protected in the American (indeed Western) moral system.

And your ad hominen response is a bit strident -- suggesting the points I raise hit a nerve. How interesting!

When I was in school, my english teacher taught me never to use the word "you" is essays. Why? because it made the whole thing personal.

May I modestly suggest we accept the same gentlemanly rules of engagemant here?

With cordial best regard to all the good people on this board,

Tino232

PS: the British Parliament does the same thing: namely adversarial comments are addressed to the Speaker of the House,
not the speaker of the words who in any case stands 15ft away over the woolsack out of sword swipe range.

PPS: the right of a shareholder to sue a company is absolute, inviolate and unending. That is the right of an owner in any/all cases. That you abrogate my right is hugely beyond your power as master of ceremonies on this board beause I do not give you this power.

PPPS: Let us return to civility...

[Tino232]

Here's a Lawsuit in progress. Why not us?

I daresay we have many of the same points to bring to bear.

Post PS: DEW -- please don't attack me personally for bringing this up. I wish to have a cordial, maximally productive intellectual exchange with all the (excellent!) members of this board with malice toward none.

Further preamble: The essence of the case below is insider dealing to the exclusion of existing shareholders, lest the casual reader miss the point...

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Shareholders sue Harrah's in wake of buy-out offer
Tue Oct 10, 2006 2:49 PM ET LOS ANGELES (Reuters) - Two shareholders of Harrah's Entertainment Inc. <HET.N> have sued the company, its board and its proposed buyers, alleging that a $15.1 billion takeover offer is an "apparent camouflaged management buyout."

Private equity firms Texas Pacific Group and Apollo Management have offered to buy Las Vegas-based Harrah's for $81 a share, a price called "inadequate" by shareholders Henoch Kaiman and Joseph Weiss.

The proposed class-action lawsuit filed last Thursday in Delaware Chancery Court says the offer was timed to take advantage of a recent slump in the share price of Harrah's.

The filing also says Harrah's Chief Executive Gary Loveman "expects to be part of an eventual deal, but took careful steps not to make the negotiations appear like the typical management buyout."

The suit seeks to stop the proposed buyout and conduct "a fair process" for selling shares of Harrah's, the world's largest casino operator.

Harrah's said last Monday that its non-management directors were reviewing the $81-per-share bid. The stock was down 18 cents at $76.23 Tuesday on the New York Stock Exchange.

Officials at Harrah's and Apollo Management could not be immediately reached for comment, while a spokesman for Texas Pacific declined to comment.