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Gold/Mining/Energy : Biometric Security Corp (BMS.V)
BMS 57.250.0%Jun 28 5:00 PM EST

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To: Bobby Yellin who wrote (55)3/29/1997 10:53:00 AM
From: John Fairchild   of 181
 
Hi Bobby, I had a bid in for Sonoma on Wed @ $1.16. Very nearly got it filled early in the morning. When I saw the news on Bre-x I managed to cancel before the fill. That was close. I did not bother trying to get back into SNA as I felt better bargains were presented (larger percentage declines on larger volume on many other companies). I basicaly watched the market spell bound for most of the day. I was quite surprised to see the price recovery on SNA. No one was dumping as they were elsewhere. I thought it was a bargian at $1.20 before this mess but I can't justify buying it now at $1.14. Note it had gotten as low as $1.17 pre Bre-x news release.

John
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