$1B Mkt -(BUGS) Bio- Remediation of Polluted Soils Message Board

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Technology Stocks : $1B Mkt -(BUGS) Bio- Remediation of Polluted Soils

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To: Frank Buck who wrote (24)	2/12/1998 6:05:00 PM
From: Frank Buck	of 54

BUGS closed up 4.84% today. Breaking the $2 barrier. Again the buying was early in the morning and then again late in the day. It appears as though there is some accumulation by some party as the same thing happened yesterday at the close. I hope they accumulate a lot more! The share price is up over 35.42% in a little over two weeks. The management has stated that their objective is to get it to the range for inclusion into the Nasdaq Small Cap Market. The small shares outstanding is definitely working in their favor. If that is the case then we should see the $4 or $5 range by the end of their fiscal which is at the end of September. Their last release states that there were sales of their microbial mix in January. No mention was made about the size of the order.

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