FASC (First American Scientific Corp) Message Board

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Gold/Mining/Energy : FASC (First American Scientific Corp)

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To: SnakeInATuxedo who wrote (752)	5/5/1999 8:54:00 AM
From: jmt	Read Replies (1) of 972

No, there's something way more to today's activity than the Edgar filings I am hoping you are correct. But it could be just the filings. First, how many 3 cent stocks are fully reporting with audited financials. Second, there is not a significant need for financing in the near term. Third, the company has positive book value (if I remember $3.2M / 54M shares = 6 cents.) Fourth, the technology is real with multiple applications. The text discussed a Department of Defense build out which validates the technology. So while I am sure we all hope there is real revenue behind this price movement, it could just be the financials, and the company has justifiably established a new trading range. Good Luck. jmt

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