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Technology Stocks : BIFS ... Patented Environmental Cleanup and Low Float Co.

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To: Nancy McKinney who wrote (138)9/10/2000 11:18:01 AM
From: Jeffrey S. Mitchell  Read Replies (1) of 381
 
Nancy, excellent observations. In one short paragraph you have listed the following red flags:

1. "The product sounds good, but the co. has a questionable history."

2. "Information about the patent and the source of it should not be a secret"

3. "PR's about the new co. logo... [are] more important than answering patent info"

Add to your list all the technical details offered up here by Jorj, Wireless, and Yardslave that make the claims about Swomi sound highly dubious even if it does somehow really exist, and I can't see why anyone would even think twice about putting even play money on BIFS. Toss in a bunch of diehard Biffster lunatics that have made it their mission to harass Janice wherever she goes (see the AZNT thread on RB), and you have recipe for disaster. I've seen it time and time again: the more noise people make to the SEC about their stock being under siege by shorts and bashers, the more the SEC takes an interest in the "situation", and the faster, ummm, bad things happen to shareholders when the truth is revealed.

- Jeff
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