First American Scientific Corp. (fka FASC)

[rj2]

Hi Waite,

FASC is doing a little better, but FASC is still a struggling company with potential. It is not a home run as of yet. I do think that following the St. Malo hype is "not" a quick buck no matter how good intentioned St. Malo (Jean) is.

I am a hold for long. To satisfy Al and Suns concerns about hype, it is my opinion that short term money should not be in FASC. Some one like my self that does not mind holding for years it is a good gamble.

I believe that Adam is going to be a serious manager for the long term. I plan to be here with him.

RJ