OMNIGENE DIAGNOSTICS (OMGD) Message Board

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Microcap & Penny Stocks : OMNIGENE DIAGNOSTICS (OMGD)

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To: Hubert Few who wrote (82)	12/5/1996 9:17:00 AM
From: Thomas G. Busillo	of 119

Leslie Eaton's piece on OMGD appeared on the front page of today's (12/5/96) New York Times Business Section (that's how I ended up checking out this group). It's not pretty. (Disclaimer: I've never held a position in it either way. Not about to.) All I know about this company is what I've seen in the previous threads and the info contained in this article, but IMHO any CEO who defends his publically traded equities on a chat group (no matter how bright its members are) would appear on the surface to have at best a inordinate amount of interest in the short-term performance of his stake and at worst to be pathetically and suspiciously desperate. That makes me wonder "why?" A winning CEO is concerned about the long-term outlook for his company. What wins in the end are good products, good management, sound strategy (i.e. the fundamental blocking and tackling involved in running a business), not hype. On the other again you could argue that Rossi was defending the interest of his shareholders. Who knows. As far as the future goes, I think the old cockroach cliche may apply here. When you see one, chances are there are plenty more behind the walls. Good luck.

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