First Alert (ALRT) Message Board

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Technology Stocks : First Alert (ALRT)

ALRT 0.0300

-4.5%

Nov 7 4:00 PM EST

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To: peter lo who wrote (34)	10/6/1997 8:56:00 PM
From: Richard Jurek	of 50

Oh, it doesn't disappoint me! Rather the opposite. And I do hope the price goes down a bit the next day or two. So I can buy at a much higher price. Anyway: you've got to read between thelines. Look at the fact that they are pushing more product through Walmart and have signed a new agreement with Kmart, which is also turning around. Look at the fact that the loss is down A LOT over last quarter. And given a company that sells about $180 mil or more in product, a $1.5 mln loss for a single quarter is not that big of a deal. What does concern me is the drop from $61 mil to $50 mln in revenue -- much do to not getting UL approval on their new detectors. Still -- in the aggregate, the market cap for this company is way undervalued and does not reflect the current revenue situation. I think good times are ahead. But like all turnarounds: it could happen sudden or, most likely, it could take a number of quarters. Be patient. I think this one will reward...but that is just my opinion, for what it is worth. If it dips below current levels, I personally will be buying. [Insert all applicable disclaimers here, eh?] Cheers, Richard

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