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Gold/Mining/Energy : Bridges.com (T.BIT) -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (219)1/30/1999 2:17:00 PM
From: F. Evans  Read Replies (2) | Respond to of 1249
 
Interesting little story about BIT that you all might find interesting...I've been making some calls and talking to some people. About a year to a year and a half ago, this company was looking for some financing and failed to get a brokerage house on board for that financing. No one wanted to do it. The insiders then came up with the money themselves and my oh my,,,they turned a profit of 11 cents per share. If this story is true it tells me two things.

1. The insiders believe in their company so much that they put their own money in to it.

2. Their recent numbers shouldn't stand in the way of any additional financing they might need.

I can't wait for their status report next week.

Frank