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The baltimore bear will bite again.....

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Recruiter - Fri, 28 Dec 01 :

just something to bear in mind (& this is good about BLM, which is un-natural for me).
IF they need to get money, I don't think they will resort to a public placement, like your Redstone, they may resort to a full placement with an institution - like your Colt Telecom. Now Colt was done at a lower price to that than the price on the market, yet when it was announced, it doubled in nearly a week.
Worth thinking about. You can harp on about BLM's cash problem, but you can't argue about some of their products being leaders in their fields & I think the financial community know this, & when BLM do sort out their cash position & announce that they are in a position to move on, then this I have to admit could be a multi-bagger.
But it's not one for Widows & Orphans. & personally I am still very pessimistic about it.


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