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To: JessiDani who wrote (8605)	5/21/1998 10:27:00 AM
From: T.K. Allen	Respond to of 10368

A small clarification of JessiDani's post: What he posted was, in fact, a response from me (this AM) to the following post I received from him this morning: "How much are you being paid for this garbage? I told everyone a long time ago that BNGO was a scam and I got out. The stock collapsed. BTW, where's is Rodney? Or are you him." BNGO peaked on October 13, 1997. I remember it well because I actually sold some of my initial BNGO purchase (bought in mid-September, 1997) for a profit of about 30%. I began buying more when the price slipped below $9.00 and have paid the price for that decision ever since. I am perfectly willing to accept whatever opinions people have of me or of BNGO. Each of us, as investors, has to decide every day what to believe or not believe and make our decisions accordingly. It is my belief that BNGO is a very different company now than it was last fall and even as recently as a month or two ago. I will readily acknowledge that it is very important for the company to continue to show their recent actions will result in better bottom-line results. Buying BNGO shares now is, obviously, a higher risk strategy than waiting to see if the new management makes good on their cost-cutting and demonstrates profitable investment of the warrant money. But then, waiting for proof carries some risk as well - the risk of missing a rise in stock price if such a thing occurs. JessiDani, your observations of BNGO past performance are fairly accurate. Your opinion of Rodney Babcock is shared by many former and current followers of this thread. Whether you are right or wrong about him has been the subject of considerable debate here. I think those days are behind us and, believe it or not, I am interested in your opinion of the recent developments if you choose to offer them. TKA