Saflink Corp. (ESAF) Biometric Software Provider Message Board

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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider

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To: srs who wrote (2422)	11/26/1997 1:58:00 PM
From: Paul Bartosh	Read Replies (1) of 4676

I was watching this thing most of the day yesterday. It seems that as soon as the first trade went through at 1/2 there was a huge sucking sound. I'd be willing to bet that a lot of people had stop-losses in at 1/2 that kicked in all at once. It got real ugly at one point. I bailed out of my small position just as the slide started. I'd imagine that the initial selling got started by people who were disappointed that there was no follow-through from the Comdex show and the CNN report. From there it just snowballed. Maybe there will be a technical bounce in the aftermath. But I'm not getting near it for now. I already have a nice tax loss on this one this year, thank you very much. :)

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