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Technology Stocks : $1B Mkt -(BUGS) Bio- Remediation of Polluted Soils

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To: John Liu who wrote (2)1/27/1998 7:14:00 PM
From: Frank Buck  Read Replies (1) of 54
 
John,

Good one! digging that is. It is my understanding that the process uses naturally occurring microbes that do a Pac-Man thing on the hydro-carbon contaminated soils. As such when they are done consuming....it is because there is nothing left and they die off.

If you read their web-site you will see that they have a big presence in California. I do believe that California in particular is pretty strict in terms of any potentially negative environmental impacts. Their website lists an Email address. A good question for IR. I really hadn't thought about it.

I assumed they were operating within the parameters of state, federal, local, etc.... requirements. Please let me know which direction your digging takes you. I may buy more. The small float definitely intriques me. The insiders own a heck of a lot of shares. I don't mind that and the small float. Projected EPS for 1999 are above the current stock price! Even if they only get 1/2 way there it would still mean the current stock price would have to ?????

Frank
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