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Biotech / Medical : BICO & VITK

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To: John E. Stanga who wrote (2354)5/29/1999 9:50:00 PM
From: Tom R. Jones  Read Replies (1) of 2395
 
John, the only people who will EVER make any money on BICO are the company execs and traders. I am a trader, but I don't trade BICO because I am fearful that the company will be forced into liquidation and/or bankruptcy without ANY prior notice.

The key to BICO being a good investment is if they can ever make a profit. However, with almost a billion shares outstanding, the company would have to make $10,000,000 in PROFIT just to earn a penny per share. Even a casual look at BICO's financials makes it clear that only a succession of miracles can make BICO a profitable company.

Best regards, Tom
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