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Technology Stocks : Avalon Group, Inc.

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To: wombat who wrote (92)11/12/1997 9:18:00 PM
From: Chad Beemer  Read Replies (1) of 1530
 
Rick,

That happened 3 weeks ago and yes I know who did it and he will do it
at the appropriate time. I have some people putting in bids around the
30 cent mark this week and I am telling anyone who hasn't taken a position to put in low bids between 25 to 30 cents as obviously we
don't want this thing to go any lower if we can help it. Hopefully the
bids being placed will bring the bid price up to around 30 cents again. If this thing tightens I look to see someone or party to hit
the offers especially around 34 cents. There should be a news release
out yet this week but am not exaclty sure yet. I encourage everyone to
just sit tight and wait it out and not panic as we shouldn't have to
wait much longer. I am not discouraging anyone from putting in low bids right now but don't if you feel you've got what you feel comfortable with.

Chad Beemer
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