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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider
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To: David who wrote (4414)5/7/1999 12:27:00 PM
From: bob jordan   of 4676
 
David,

I was unaware we had left reality. But where ever we had gone, I am sure we are back now... Two things interest me about the press releases today. The first quarter results did not include sales of SaftyLatch. That may be good or maybe bad, depending on sales. Secondly, the company will be out of money by the end of June rather than the end of this month. So that means that SaftyLatch has made them enough money to survive another month, or they somehow reduced expenses enough to manage another month, or some combination of both. I don't know which is true. Even if NRI did get enough sales from SaftyLatch to survive another month, that is what, $100K if that? But, any sales would impress me at this point.

Stock is down about 25% as I write this. Not as bad as it was before, but still crappy.

Regards,
Bob
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