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Biotech / Medical : BICO & VITK -- Ignore unavailable to you. Want to Upgrade?


To: diamond dealer who wrote (2266)2/11/1999 1:59:00 PM
From: Terry D.  Respond to of 2395
 
diamond, I just hate fraud of any type. Many people with diabetes were conned out of their money with hopes of a non invasive monitor. One could say they got what they deserved for not researching further, but even SEC filing don't give the true picture of a companies management abilities. In fact, all filings even have the term *non audited* on them. As for me, I started investing right out of high school. More bad investments then good at first and gradually learned the ropes the hard way. IMO, NASDAQ has become a breeding ground for off shore and local stock schemes as witnessed by ever increasing numbers of SEC investigations and trials. Companies pleading guilty without admitting guilt and receiving almost non existent penalties. Luck on your endeavors.

Terry



To: diamond dealer who wrote (2266)2/12/1999 10:16:00 PM
From: mt_roman  Respond to of 2395
 
Diamond Dealer,
Terry's hatred pails to mine and I made plenty a profit on this corrupt stock.
If you knew this company as well as Terry and I you would not post so foolishly.
I'll keep it simple for you.

BUM is comprised of dishonest men and they steal for a living.



To: diamond dealer who wrote (2266)2/13/1999 1:08:00 PM
From: Tom R. Jones  Respond to of 2395
 
Some of us do have a different slant on BICO.

I agree with you that BICO was a good trading stock. I was just never smart enough to do it. However, whether or not it continues to be a good trading stock, I have my doubts. There comes a point in which a company with no income has to close down forever.

I think that BICO's management had good intentions and did not start out trying to defraud anyone. However, if you look at the profiles, you will see that none of the top management has any real experience in the biotech field. In fact, only one has a medical background at all. And the profile is so vague that I wonder if he had any kind of position that required REAL medical knowledge.

I still hope that somehow BICO will produce a machine that works. That would be good for our community, diabetics, shareholders, management, etc. However, I personally think that will never happen. Only time will tell!

Regards, Tom