Worst Managements of Publicly Traded Companies Message Board

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Non-Tech : Worst Managements of Publicly Traded Companies

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To: Ben Wa who wrote (6)	3/31/1999 9:12:00 PM
From: Shoot1st	Read Replies (2) of 27

BICO may well have been the original hype-a-rama. Eight years ago, give or take a couple of years, it ran from .125 to about $8 in a flash. The object was to market a non-invasive glucose monitor for diabetics. Press release after Press release eluding to FDA ok any day went on for years. Pittsburgh Post Gazette has run many articles chastising mgt for sucking the company dry and issuing multi-millions of shares to feed themselves. When they stopped the mirage in USA....they tried Europe. You can get info on line from the Post Gazette. It is an adventure for every rookie trader to take. It is also one of the sadist examples of using the promise of new medical technology to generate continued stock sale income. Shoot

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