how about BCGI for $1.9?
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vin Mon Jun 06, 2005 2:09 pm    

how about BCGI for $1.9? 
how about BCGI for $1.9?
not debt, cash/share > $4.
The small firm is under lawsuit, insider bought at $1.4.
fit NCAV rule.
blast_investor Mon Jun 06, 2005 3:24 pm    

 
This stock is under lawsuit of patent violation. This is all about the lawsuit.

Acctually the latest verdict is very large, large enough to wipe out all the cash and to bancrupt the company.

If BCGI can not reverse the verdict in the appeal, BCGI stock is worthless. Of course, BCGI managers still believe they are innocent even after the jury verdict.

Looking at the detail of BCGI lawsuit, I am not sure BCGI can reverse the verdict. It is not clear.

Insider buying is good. But historically, there are CEO and managers who bought their company' stocks into bankcruptcy. Not all insiders are reasonable and smart in investment.

This stock is too risky, I would not touch it.
 
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