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Non-Tech : BYDS

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To: James Hutton who wrote (126)2/4/1998 12:14:00 PM
From: Andrew Vance  Read Replies (1) of 152
 
I am just catching up on posts and messages. If you go back to the one referred to her you will see that you were a prophet. Next time, we call you a sorcerer and burn you at the stake<GGG>.

However, between then and now, I believe I played this roller coaster at least once from about $1 to $3.

I am amazed that they stock didn't tank big time below $1 on the news. The drop in price is consistent with its saw tooth volatility of late. I think it was a smart move on their part.

However, I do stand in front of the crowd and acknowledge this is my DOG of 1997. I hope 1998 brings it out of Chap 11 and into greatness. My biggest worry is a takeover much like the Snapple takeover by Quaker Oats. The shareholders were taken to the cleaners there. I think Chap 11 was more of a mismangement than a product issue. With the new team onboard, I hope they are given the time and resources to turn around this company. I still beleive in it but would have been much better off waiting to invvest at these levels.

Andrew

BTW-I do need to make a correction to a statement. I stated previously that this company couldn't get any lower and doubted it would go bankrupt. Well, I was mistaken. It is closer to that than I ever expected. Never say never, I guess.
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