Avalon Group, Inc. Message Board

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Technology Stocks : Avalon Group, Inc.

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To: HiGuy who wrote (225)	2/8/1998 11:37:00 AM
From: Madeleine Harrison	Read Replies (2) of 1530

Bruce, I basically agree with the float data that Chad's given you, but I believe, after talking to the company recently, that the more of the float is tightly held than 29%. I can't lay my hands on my notes at the minute, but I do think it was considerably tighter than that. Another thing.. the company recently completed the arduous and expensive process of getting AVAL listed on the Standard and Poors register. This mean AVAL is now blue-skied in most states in America and that means that more people can buy the stock. My estimate as to what the stock will do with the right news is a bit more conservative. More like $1 to 1.25. But from .27 Ask, would you complain if it didn't quite hit $2.00? I'm glad you've joined our mostly friendly thread! --Madly

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