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Technology Stocks : $1B Mkt -(BUGS) Bio- Remediation of Polluted Soils
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To: Sigmund who wrote (32)5/11/1998 10:33:00 AM
From: Frank Buck  Read Replies (2) of 54
 
Sigmund,

The diverse nature of the BUGS is really not in my opinion a negative. The common thread of all of their businesses remains unified. I like the fact that there is no area where they do not touch when it comes to bio-remediation. Obviously some aspects may have higher barriers to entry and may presently be dominated by others but isn't that what the David and Goliath story is all about?

The alliances that you speak of are important and I would hope they realize this. I would certainly love to hear some news in this area.

In regard to the new mfging. facility....I believe I read where it said they would not meet full production for a six-month period. So it would seem that they can meet some aspects of production along the way and revenues and sales can increase accordingly.

I also agree with you regarding the bust or the sky's the limit analogy. The $0.03 cent profit for the past quarter makes me feel much better about which way this thing may go and I am optimistic.

The trading numbers/volume needs some improvement. With the small current float out there it may only be a matter of time. Quote.com
shows an ASK price of $2.25 for one share and a BID price on one share for $0.25. Another ask is $1.531. Let's see what shakes out the next couple of days. I would anticipate a steadily higher close but on low volume until they can present there case to the larger investment community.

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