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To: jgideon who wrote (322)	12/6/1997 1:53:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

BNGO and BNGOW - I don't think many people got out too early in BNGO - hence the howls of pain - and the warrant call will dampen things down until 12/23 or so. But the end of the warrants plus the wash sale factor for those smart enough (not me) to exit stage left in late November could make for some interesting action just before Christmas. My plan right now is to hold the warrants until at least December 19 and see if there is an upsurge in the common just afterward. The decision to buy BNGO sooner or later should be governed by the circumstances at hand, not a convoluted tax calculation. There is always the possibility, raised on the BNGO thread, that there won't be an upsurge in the common on 12/23 and some who were holding will get discouraged and sell for a tax loss if they bought above 7 or so. It's all speculation at this point. NMGC - your thorough DD raises enough flags to make me think that the Street has looked at all these factors and discounted NMGC's projected growth accordingly. Nothing invesotrs hate more than uncertainty. Plus, anyone making chips these days for anything is somewhat suspect. It went from a rah-rah sector to a ping-pong ball for the latest analyst's whim. Still a good pick to watch - but with eyes open. Keep me posted. Good luck.