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Microcap & Penny Stocks : Biosafe International, Inc [BSFE]

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To: Jay Matulich who wrote (125)12/16/1996 1:52:00 PM
From: DCBEN   of 280
 
Jay, Derek, et. al. check out John Westergaard's comments on BSFE released this AM, and Bob Mitchell's update of his coverage for the Envirotech 2000 newsletter (there's a link on the Westergaard page).

westergaard.com:8080/Dotcom/bsfe9651.html

The good news is that JW suggests aggressive averaging down at this point; the bad in that rev projections are way down (FY 98 prediction is for $.18 per share) (lots of shares!).

The other thing I've read this weekend is a prediction by a Fairhaven official that the ruling may not be forthcoming before year's end, after all. Hope he's wrong.

Allan
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