First American Scientific Corp. (fka FASC)

[terry hallinan]

TRCPA,

I certainly thought it was low then. And I do now feel that it is ridiculously low.

Over and over again, the same theme plays out with investments.

An investor, as against a trader, puts more money into a stock as it declines. Then it declines some more. Then he puts more money in.

Then somewhere along the line as the price drops to the valley below, the investor begins to question why he bought the ugly bustard in the first place and didn't wait and didn't see all the warts.

Then the price starts rising if things go well and the investor sighs about how cheap it really was awhile back when he didn't buy more.

Then when it peaks and turns back down...

I buy biotech. Small cap biotechs. They are nothing if not volatile. Passions rise and fall with price of the stock. Takes a thick hide and maybe a thick skull to hang on. Most will fail too.

So why would any idiot do such a thing? This idiot does it because of the astronomical returns possible with a winner now and then.

Obviously it stretches meaning into the Twilight Zone for this dunce to imagine FASC is remotely a biotech but alternative energy and specifically biomass is a flyer I have taken off the beaten path. Even I get bored with the wonders to soon be accomplished through the years with the ultimate cancer cure or whatever.

For now I feel very comfortable with a relatively solid - note carefully the word relative - prospect like FASC and the great DD by a fellow like TRCPA.

No sure thing here certainly. There are none in this life.

Thanks, TRCPA. If things don't pan out - well them's the breaks in life.

Best, Terry