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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose -- Ignore unavailable to you. Want to Upgrade?

To: EMF who wrote (2303)	12/14/1998 11:43:00 AM
From: Shadow	Respond to of 4650

I bought into this one at .28. I got out at .21 and have been waiting for a reentry point. I'm still waiting!

To: EMF who wrote (2303)	12/14/1998 12:08:00 PM
From: Chris O'Keefe	Respond to of 4650

Hi E... Does your friend know how many shares are outstanding or is his valuation of ADOT after Biomoda goes public just a guess? The number of outstanding shares in ADOT? Yes, he knew all the ADOT numbers (float, outstanding, etc.) but my last conversation with him was somewhat casual so I didn't make a note of the numbers. His evaluation of ADOT had to do with what I presume is a guess that Biomoda would go public at around $10/share. Since ADOT apparently has around 900,000 Biomoda shares this would be a huge cash infusion. In his opinion, once Biomoda announces that they are going public on such-and-such date, people are going to want to buy shares now (i.e., before the official IPO date) and the only avenue they will have for that is buying ADOT shares. Thus ADOT will go up in that critical period between Biomoda announcing that they are going public and when they actually do go public. So goes the theory. In my friend's opinion (who told me he doesn't want his name mentioned on posts, but he does read this thread), if ADOT has any success with their bulletin board technology, it would be "icing on the cake." Thanks for your response E, and sharing the two things you are looking to have happen. I'm still trying to learn about this stock. Naturally, if I become convinced that I can buy at .07 and sell at 1.00, I would want to buy. It appears to me, though, that this huge growth phase (at least with regard to the Biomoda theory put forth above) will not happen for many months, so I don't feel rushed. My current game plan is just to keep tracking this stock (meaning, this thread) and see what I think in a month or two. Chris