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

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To: Schafe who wrote (170)9/24/1997 6:52:00 PM
From: Joe Bourg   of 402
 
Thanks for the info Schafe. To answer your question, IMHO, it looks like the letter was damage control (i.e., talking about all the good things they did that cost money such as shutting down the "insurance division"). I think you'll see some one time charges on this earnings report, thus lowering earnings. Therefore, I certainly dont look for positive earnings this quarter -- just hope it isnt too bad. It'll be interesting to see what spin managment puts on it. Hopefully, things will only get better from here -- the pressure is mounting on these guys to do something quick. That's why I'm still holding ... I hope this is the last storm we have to weather. And I certainly hope I am wrong about earnings! Keeping my fingers crossed ... and hoping for a surprise !
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