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Microcap & Penny Stocks : ALRT Medication Reminder System
ALRT 0.0300-4.5%Nov 7 4:00 PM EST
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To: yogie who wrote (84)8/25/1999 11:31:00 PM
From: Cosmo Daisey   of 102
 
yogie,
I talked to a large shareholder tonight. His group doesn't follow the day to day price and he was surprised when I told him the price has pulled back but didn't seem to be concerned about it. He is involved with a small fund that isn't restricted to listed stocks and mentioned they are going to position in ALRT. I didn't find out how big a position the fund would take but he said his personal group has a substantial position. (whatever that means) I sat beside him at a luncheon at Harry's once and he was talking to a fellow across the table in million dollar terms. This story has no connection to ALRT in any way, it was just interesting to be at the table. I was doing financial writing at the time and I was following a stock they were chatting about. Based on the conversation, if the fellow across the table sold on the run up he would have made about 12 million dollars. They both are mentioned on the news sometimes so I will respect their privacy. The stock was MUCP @ $1 and went to $12 +. I am always surprised by the conversations I overheard at Harry's. Just being at the table included you in the group. Harry's is where Ivan Boesky (sic) held court in the corner booth at the close every day. I will try to get an update from the company later this week.
Cosmo
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