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Microcap & Penny Stocks : BIOPOOL(BIPL)

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To: Robert G Allen who wrote (349)2/15/1998 9:50:00 PM
From: David Alan Cook  Read Replies (1) of 507
 
Robert,
I still own BIPL. I am an investor who believes that companies like BIPL offer shareholders high return potential. BIPL has shown several qtrs of record growth. Although Earnings will be reduced by about .04 in the 4th qtr and about .01 in the following first qtr, I believe a one time restructuring charge will benefit shareholders in future qtrs as the costs associated with this restructuring will result in future gains to earnings. Lots of investors turn traders when a turnaround stock has yet to turn. A buy and hold approach has worked well for me. Several of my big winners dropped well over 25% before reversing.
I initially recommend buying BIPL when the stock traded at $2.625 ask. Have a loss on this stock thus far . . .

DC
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