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Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN
ALAN 0.00Mar 8 4:00 PM EST

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To: John Chapman who wrote (279)1/27/1998 2:41:00 PM
From: thjjones  Read Replies (2) of 402
 
Well, here we go again, heading back down to the 5/8 level. The sellers just never seem to quit. Paul, why don't you take the initiative and take them out by buying all their cheap shares (smile).

Are you sure they have millions of shares left or are you just speculating? When I said low volume was good, I was looking at it from the point that the selling was drying up. I had no idea that Mr. and Mrs. Meyers and the other parties had done what you indicated in your last message. Thanks for info as well as the naive label. It sounded like you were pretty ticked off about the stock price situation.

About the reverse split subject, are there any other options the company can take to prevent being delisted? In the conference call Mr. Maley almost asured the investment community that that wouldn't happen (reverse split). He led me to beleive that there were other options. Anyone else care to comment?
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