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Microcap & Penny Stocks : Air Methods (airm)
AIRM 42.950.0%Apr 24 5:00 PM EST

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To: Elliot Lepler who wrote (174)12/30/1997 11:45:00 AM
From: Hijacked Account   of 877
 
Hi Eliot,

You wrote < I can not find the quote, "hate to advise buying on bad news but..."> ----You will find it on page 10 of the Redchip Review.

I had a chance to speak with Micky McGuire yesterday. (A market maker who is extremely bullish on AIRM). His customers hold approx 10 % of the outstanding shares. He mentioned that AIRM could have an announcement in early 1998 regarding additional business in New York.
Regarding San Diego, He mentioned the other competitor filed a lawsuit challenging the cities right to award the air ambulance work to one vendor. So for now - status quo.

He also mentioned a hedge fund has picked up 200,000 shares recently.

Bill
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