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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 5 4:00 PM EST

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To: Carl Pergler who wrote (4171)4/18/1997 2:29:00 PM
From: Josh C. Pleasure, M.D.   of 13091
 
TOTALLY OFF SUBJECT

For those of you who followed from GRNO to DBDY, my next stop is ALAN. Check out the following Dow jones release which came out(see below).

ALAN fundamentally has excellent prospects and recently turned profitable after years of losses. My reservations about it in the past have been quality of management, and this looks like it may be about to change. They have projected Earnings of over $1 per share for 1998-9 fiscal year.

FYI only.

Josh

DOW JONES NEWS SERVICE

10:48 Harbinger/Alanco Environmental -2: May Seek Board Changes

WASHINGTON (Dow Jones)--A group including Harbinger Capital L.P. reported a
21.7% stake in Alanco Environmental Resources Corp. (ALAN) in a filing Friday
with the Securities and Exchange Commission.
The group said it holds about 7.5 million common shares of the Scottsdale,
Ariz., company, which it purchased at an average price of $2.15 a share.
The group added that it has communicated with Alanco concerning management
and share value issues and is now evaluating alternatives, including
management or board changes, in order to bring about improvements in those
areas.
(END) DOW JONES NEWS 04-18-97
10:48 AM
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