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Gold/Mining/Energy : BPON-The future is now!!

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To: Coral4pH_dot_com who wrote (45)5/24/1999 3:23:00 AM
From: Lawrence Burg   of 65
 
Haven't looked at 'em fundamentally, as there's not much readily available. Technically, you had a pop in the underlying charts early last week, ahead of the news. Not sure why there was no reaction Thursday, when the news came out. Volume hitting Friday looks a little fishy. While there was little selling to accompany the move, the $80K or so that changed hands is not a fortune, and certainly doesn't elevate the action beyond the reaches of manipulation.

106K shares in broken blocks were thrown on the ask between 11:15 & 11:25, up to .25, at which point the spread opened to .22 x .30. @ 11:27, 50K went through at the bid of .22. Balance of volume for the day was ignorable. Not very consistent. Not very impressive. Certainly not enough to let all the 144's cash out.

Some of the claims of outlandish returns are criminal...if ya know what I mean...

Thanks, but I'll pass. Good Luck.
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