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Microcap & Penny Stocks : Rat dog micro-cap picks... -- Ignore unavailable to you. Want to Upgrade?


To: Fudd who wrote (9760)12/2/2002 10:08:11 AM
From: Bucky Katt  Read Replies (1) | Respond to of 48461
 
No idea. I think the ASTM move Friday indicates the micro-cap buy plan still is valid...

Expect the un-expected...Those very out of the money CY April $5 calls I bought around .20 are now bidding 4.60...
I think I cashed out a little soon @ 2 bucks....?

I still think the market indexes are too happy...



To: Fudd who wrote (9760)12/2/2002 11:25:59 AM
From: BW  Read Replies (1) | Respond to of 48461
 
Fudd, DHB news, don't look good for them....

COPS FIRE BULLETPROOF VEST MAKER

By STEPHANIE GASKELL
--------------------------------------------------------------------------------



December 2, 2002 -- The NYPD is shopping for new bulletproof vests for its officers after tests showed that about 1,000 vests were flawed, an official said yesterday.
The police bought 20,000 vests from Florida-based Point Blank Body Armor - at a cost of $400 each. But tests showed that vests did not stop bullets in NYPD tests.

The company has agreed to replace 6,300 of the vests. But an NYPD official said yesterday that the department will buy its bulletproof vests from someone else.

"The department is exploring other companies for purchases of bullet-resistant vests," said NYPD spokesman Michael O'Looney. "The safety of our officers is one of the department's highest priorities."

NYPD officers have complained about the vests, which wrinkle and don't fit properly.

City Councilman Eric Gioia held a news conference at City Hall yesterday urging the police to stop buying defective vests from Point Blank until the company can prove that its product is safe.

"These bulletproof vests are in fact not bulletproof," said Gioia (D-Queens), who is chairman of the council's Oversight and Investigations Committee. "Until the vests are tested and proven safe, they should not be used to protect our brave police officers."

The Army, which also has a contract with Point Blank, is investigating the company after blaming the death of one of its soldiers in Afghanistan on a flawed bulletproof vest.