ALANCO ENVIRONMENTAL: ALAN Message Board

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Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN

ALAN 0.00

Mar 8 4:00 PM EST

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To: GENE GERALD BOEHM who wrote (124)	5/22/1997 4:04:00 PM
From: Timothy R. West	of 402

Gene, The broker you refer to at Bear Stearns is a friend of mine. He has little significance to Alanco. He only had an interest in the stock and kept in touch with the news, the company and Harbinger. He no longer promotes the stock. You may be seeing his old clients dumping their shares as a result. The selling is more likely coming from Dean Witter. The most important question is what is ALAN worth looking forward. You already know why everyone owns this stock. Certainly there are enough reasons to be disappointed in ALAN, it's just a matter of how much pain can you take. ALAN has fallen from a high of $2.25 just recently and has dropped nearly 75% (at its low) in a market that has done nothing but advance. Everyone has to be dearly frustrated by now. In fact, ALAN was well over $4 just over a year ago, so unless you are a trader, then you are losing money. I went to a new Walmart in Southern Connecticut and I didn't see any signs posted for Fry Guy. I'll check the next time I am there without my family or will budget more time to find out... Good fortune to us all. May we all succeed in investing with a clear-head. Tim West

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