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Biotech / Medical : Amelot Holdings Inc.
AMHD 0.0002000.0%Dec 12 9:30 AM EST

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To: Patricia Meaney who wrote (80)2/14/1998 8:58:00 PM
From: Boryh  Read Replies (2) of 201
 
To: Patricia,

AMHD filed for Nasdaq listing last June. See attached. All else is ready
now except the price must be higher. Last Fall some market-maker(s)
shorted the stock in advance of a large common stock conversion coming onto
the market. Thus, the absurdly low current price.

With the news of the stock repurchase plan, expect the short to scramble to
cover and the market to return to normal.

Mike Parnell has big plans for the company, especially in the bio-solid
waste conversion arena. Commercial testing shows superb results. As
contracts are procured in this area, the revenues will rise sharply.

Also, remember that this company has a savvy CEO, lots
of cash, no long-term debt, small amount of shares outstanding, and a great
product line. I fully expect to see a share price of 8 to 11 this year and
15 to 20 within 36 months. All of the ingredients are in place, and as the
word spreads shares will be purchased for the long term by the really
astute individuals as well as the fund managers.

Call Mike and speak with him. Get the details for yourself. I know you
will be pleased!

Hope this helps. Boryh.
P.S. edgar-online.com
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