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Technology Stocks : FBN Associates: A Perfect Company

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To: jhild who wrote (634)6/16/1998 2:02:00 PM
From: TEDennis  Read Replies (1) of 2117
 
Dateline Sedona: 6/16/98

FBN Associates (NASDAQ: FBNA), headquarted here in Sedona, AZ, today had no comment on rumors that 5 major airlines have contacted them regarding the latest in avionics automation. Reportedly, FBN-CoPilot can automatically fly aircraft.

FBNA President and CEO, TEDennis, remarked "We cannot comment on these rumors. If and when agreements are made with other companies regarding any of our state-of-the-art electronic and biotechnological products, formal notification will be released through all the approprite channels. I also cannot comment on the 730% rise in the price of our stock today. I understand trading volume is 10 times the normal amount."

Speculators are reportedly bidding the company's stock through the roof. Shorters are throwing caution to the wind, selling more and more. Several shorting cartels have already gone belly up. There are no projections as to when the mania will end.

End press release
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