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Non-Tech : BYDS

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To: Jan Robert Wolansky who wrote (61)7/30/1997 8:40:00 PM
From: SMF   of 152
 
Oversold is an understatement, particularly during the summer months when this puppy is supposed to have some legs. It is neither attracting new money, nor is it benefitting from people averaging down. I think that most, if not all of the former holders of BYDS were shaken out during the period when it hit 6 and below. There is no confidence here. It is pathetic that there are no bottom fishers, even at this level. Barring some positive or encouraging news, this baby is headed for the low 2's. The only reason that I haven't sold my shares is that they're worth so little now, it doesn't detract from any other investment I wish to make. A sad commentary.

--Steve
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