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To: Appleby who wrote (406)	1/19/1998 10:49:00 PM
From: Dale Baker	Respond to of 118717

Wow. In diplomacy they talk a lot about CBM's - Confidence Building Measures. Given that BNGO has been treated worse than a lot of refugees from an inter-ethnic conflict the last few months, I don't see how this is going to raise their standing much at all. Uncertainty wrecks confidence. I never figured out what went wrong at BNGO. By the numbers, it's still a compelling valuation model. Personally, I stopped trusting BNGO as an investment once the warrants tanked. I wouldn't get in again even if there is a bull market, at least not for several months until we see what earnings are like, where the company is going...and now apparently who will actually be in charge. Still high on ATLPA this week with earnings due out on Wednesday after the close. Check it out if you have some trading capital free. Good luck.