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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: zenin who wrote (3)9/3/1997 11:26:00 AM
From: Gidget   of 2595
 
Jay, glad to find another investor. Based on conversations with someone who knows the company well, they're doing another direct mail for their wines and other products (not sure yet of scope or target). They got a 4% response rate last time and have improved their capability of responding. Also, earnings from the acquisitions should show up in year end reports.

I agree with you on your prognosis since this one seems to be a slow mover, but there is a company and it is operational, with earnings, so hopefully more people will see it as a possible buy, especially at these low prices. I expect to be adding to my holdings too. Hope its not just wistful thinking to expect a little increase in the near term. Will post any news I hear.
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