ALLIED RESEARCH- ALR ... WATCH FOR A BIG MOVE!!! Message Board

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Microcap & Penny Stocks : ALLIED RESEARCH- ALR ... WATCH FOR A BIG MOVE!!!

ALR 50.99

0.0%

Oct 19 5:00 PM EST

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To: gregory a weaver who wrote (159)	12/24/1997 11:17:00 AM
From: gregory a weaver	Read Replies (1) of 227

Did everyone sell out or just too busy last minute Christmas shopping? I bought a bit of ALR yesterday, couldn't resist at these levels (<$11). I hope I'm not catching a knife, but I can't imagine the P/E going below 5. I haven't figured out where the stock is coming from. Fidelity Low-priced Stock fund had been adding stock as of 9/30 and now has 9.99% of the outstanding shares. So it's good news they were buying, but I doubt they'll buy more since going over 10% is a legal hassel for a mutual fund I believe. Maybe this is why the stock is weak. Greg

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