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Microcap & Penny Stocks : AETTQ - Alliance Entertainment - Largest Music Distributor

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To: TokyoMex who wrote (57)1/14/1998 10:40:00 AM
From: wlheatmoon  Read Replies (1) of 169
 
An email from another holder who asked me to post his information.
His email address for those who are interested is Mdekler@aol.com.

His message---

Hi... Can you post this to SI for me? I haven't paid my membership fee yet..
thanks!
Mike

For all the people who own this stock and atually care, i have some info that
might interest you. Apparently there are
several institutional holdings in this stock. I work as an assistant at a
brokerage
firm and therefore have access to whats called
the Bloomberg computer. This is basically an online source of info on
companies..you can get an enormous amount of research on
it. Well anyway, I took a look at AETTQ yesterday, trying to find more
reasons
to assure myself that my buying it was a good
idea and this is what i found. There were over 30 institutions that owned
this
stock at one time. Naturally, some of them sold
off when the price went down. But surpisingly, there are still 8 or 9 places
that
still own it. SOme of them even have very
sizable positions and aren't showing any intention to sell. I'm not sure if
it's ok
for me to list the actuall names and i don't
feel like getting in trouble for this, so I'll just list their positions:

1.) 895,800 shares
2.) 325,800
3.) 272,219
4.) 92,800
5.) 40,700
6.) 20,000

These are just a few of them. Most of them may not be recognizable to most
but I can tell you that number 1 is a fairly
popular investment company, and number 6 actally just added this position
recently (as of 9/97). And out of the others, none of them
have sold off any shares since their last filing. So basically, i think it's
clear that
there is still very good interst in this
stock from some people who actualy know what their doing. I for one feel a
lot
better... I think I'll buy some more.. :)

mike
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