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

To: BIGFRED who wrote (2369)	12/30/1998 11:40:00 AM
From: thomas a. burke	Read Replies (1) \| Respond to of 4650

Hello Fred, Sorry to say that I am still stuck with 35,000 shares. I have lost so much money on ADOT that it is not worth the headaches of fighting with these MMs on this stock. Two weeks ago I gave in to these MMs and put in a sell at the bid(20,000 shares @.06) they sat on it for 4 1/2 hours and executed at 3:58. ADOT has a foul smell from the top right down to the MMs. I was able to sell the majority of my ADOT stock and move it to other companies which have already proven profitable. Fred, I know you are long this stock and I hope it does get better for you and the other longs. The investors here have been friendly and for the most part appear to be an honorable group. IT IS MY OPINION that ADOT may never deliver a BB. They are so far behind on their deliveries, the once potential customers could very well have moved on to other suppliers. As I have said before the only hope is Biomoda and that is why I will most likely hang on to my last 35,000 shares. If Biomoda should have blockbuster news or go public within the year then maybe ADOT stock will pop up to .50. If it were to go to .50 then I could sell and recoup my losses and break even. My biggest lesson learned here is to bet on management, if a company does not have honest, intelligent and forward looking management chances are they will not survive. Good Luck To All and Happy New Year.