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Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN
ALAN 0.00Mar 8 4:00 PM EST

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To: Joe Bourg who wrote (167)9/22/1997 3:20:00 PM
From: Schafe   of 402
 
Joe, for some reason I did not get the letter. However, I don't really care because I don't trust anything this management team says. They lost all credibility with their business plan/projection.

One question I do have. I think we can presume the author of the letter knew the earnings numbers when he wrote the letter. If earnings are going to be good, the letter would be written to set the stage for the future good news. If earnings are going to be disapointing, the letter would be written as a first effort at damage contol. Can you tell by reading the letter which of the above seems most likely? Anyone else care to speculate?
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