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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks
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To: Ga Bard who wrote (1603)11/4/1997 7:12:00 PM
From: Greg Wilder  Read Replies (2) of 8835
 
WOW --- look at AWLT today... Up .19 to $.57 on 1.6 million volume. I was expecting at .07-.09 cent rise, and was almost floored when I came home and looked at my portfolio. Also, received an email response from Frank Landi, the president of Araldica. I had asked him last week about the status of becoming fully reporting. Here is his reply (I hope it's OK to reprint)

==================== Text Of Email ================
Dear Mr. Wilder,

You should notice the OTC price on the upswing lately (up 50% last
week, from .19 to .29); we have reason to believe that this trend will
continue, primarily because we now have some serious people that have
taken notice of the company and the stock, and have made some recent
"buy" recommendations to their respective followings.

Becoming a fully reporting company is still a top priority; the only
monkey wrench that we have thrown into the audit that is in progress os that we have continued to acquire companies, and the auditors continue to try and catch up.

On the "shorts" question: We know for a fact that some were shorting
our stock during the summer; they have either recently stopped, or are
about to do so, because we now have sustained new OTC buying coming in, and the shorts that remain are about to get their head (and some other parts) handed to them.

Thanks for your interest and input.
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