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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Matt Brown who wrote (4696)	12/8/1999 12:31:00 AM
From: RavenCrazy	Read Replies (1) \| Respond to of 5041

My own hopes of the week: LOCH and HRCT This just came out a few minutes ago, I think. LOCH may be (HOPE this isn't considered hype) an AWFULLY good stock at 0.75. I bought in a few weeks ago at 0.15, then sold in the 40s, and bought again at 1/2 just a couple of days ago. Wish I had a lot. Quoting tonight's release: Tuesday December 7, 11:01 pm Eastern Time Company Press Release Loch Harris' Elf Landmine Detector Scores Perfect 12 of 12 On Blind Explosives Tests TUCSON, Ariz.--(BUSINESS WIRE)--Dec. 7, 1999--The ELF landmine detector, brainchild of noted Tucson, Ariz. Physicist Dr. Henry Blair, today continued its winning ways with a perfect 12 of 12 identifications in blind tests of buried explosives according to Rodney Boone, CEO of Loch Harris, Inc. (OTC BB: LOCH - news). The tests took place in the laboratories of Chemical Detection Technology (ChemTech), a Loch Harris subsidiary, under Blair's direction and the watchful eye of two consultants who represented the nation of Boznia-Herzogovena. ''Project ELF has the potential to radically change current landmine clearance processes and procedures and speed up by ten-fold a return to normal life for affected populations,'' said P.J. Banks, a principal of Mine Action Consultants (MAC). E.C. Banks, founder of MAC, who also witnessed the tests said, ''This demonstration was 40 times faster than any current (mine detection) technique.'' ''It was very gratifying,'' said Blair, who designed the blind test using PETN, TNT, and RDX plus a fourth control sample that contained no explosive. ''The three explosives samples covered all explosives that were used in all the landmines now in Bosnia,'' he said. ''ELF not only found all three explosive samples from a distance of one and one-half meters, it correctly identified each one,'' said Blair. ''ELF was not fooled by the control sample,'' he said. Blair emphasized that while this was not a range test, the distance of one and one-half meters represents about 10 times the capability of present technology. P.J. Banks concurred. ''Traditional tools for locating and destroying landmines have developed very little from World War II technology,'' she said. ''The most reliable method is still a man armed with a detector and prodder, sometimes assisted by specially trained dogs and machines that reduce vegetation.'' Until ELF, that is. Banks believes the most important implication of the ELF breakthrough is the potential to dramatically reduce if not to eliminate accidents to deminers. ''In Bosnia-Herzegovina, approximately 12 million square kilometers have been cleared of approximately 25,500 landmines,'' she said. ''But not without cost.'' The financial burden has amounted to approximately $343 million per year, but the human costs have been incalculable. ''Accidents have been cut from 50 per month to approximately 10,'' she said. ''But since the program began, there have been 64 demining accidents leaving 29 professional deminers dead and 73 injured.'' ''Project ELF could help deminers find the mines before the mines find them,'' she said. A further economic benefit would follow, according to Banks. ''ELF could dramatically reduce the cost of clearance by eliminating the necessity to clear ground that does not contain mines,'' she said. ''This land could immediately be returned to the population.'' She did not cite figures for Bosnia, but Loch Harris officials noted that in Croatia, where tests in live minefields are scheduled soon, approximately 12 percent of the land is unusable because of the problem of undocumented mines. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.