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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: james r. davila who wrote (3569)12/28/1997 4:07:00 PM
From: Gary K. Best  Respond to of 7396
 
Jim,
BNGO rebound related to expiration of warrant call and short covering. You also have a company with a price of $6-7, $1-2 in cash and earnings of $.53-55 per share for the year. Should be in the $8-10 area soon. Their ROE is about 30 % so the expectation is the cash will be put to good use. I'm in at 5 1/2.
Gary