BYDS Message Board - Msg: 1917911

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Non-Tech : BYDS

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To: SMF who wrote (65)	8/6/1997 4:42:00 PM
From: Andrew Vance	of 152

I started this mayhem with BYDS so I guess I am obligated to comment now that the worst is over. BYDS has a 2.25 ASK and a book value of #.75 according to an informed source. This makes it a prime take over candidate and one of a few companies that is actually trading below book value. I have had my experiences with companies that went bankrupt but I do not beleive BYDS fits the profile of a company proceeding into bankruptcy. The name means quality and the product is good. the marketing and sales obviously stink big time along with an expansion that was way too big for their britches. All I can say is OH WELL. However, I made on final investment today towards the close. I held out a 2.25 offer and it was accepted. I will be asking for the certificate for this stock and have it placed in the vault. When it comes time to send my 14 year old to college, I will see if it has amounted to anything. This is now an official ROCKEM-SOCKEM HORRIFIC MISTAKE AND BLUNDER. For those that have always stated never to chase a stock down, you now have a clear reference to prove this point. I haven't given up but rather I am moving on. Andrew

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