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To: David Rubin who wrote (497)2/18/1998 3:53:00 AM
From: Dale BakerRead Replies (2) | Respond to of 118717
 
I read the BNGO thread's comments on the conference call. Not encouraging. A micro-cap which called in warrants to raise cash, then projects flat to lower EPS and can't get a Nasdaq NMS listing is in trouble.

Yesterday's call made up my mind on BNGO.

Other moves: sold RMBS just in time, bought SYNT at 22, surprisingly stopped out of OMKT and will probably buy FTIC instead with those funds. More reliable earnings coming out of FTIC.

TMBS moving up with institutional buying and the usual takeover rumors.

Looking at TERA as a short due to discount convertible financing. Anyone here follow the TERA story?