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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct

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To: Matthew J. Landi who wrote (737)3/29/1998 9:40:00 PM
From: Slim Pickens  Read Replies (1) of 2595
 
Just a comment for everyone that is impatient and wanting Araldica to be what we picture it could be. There are a lot of good ideas offered from this thread and the responses submitted by the entire thread show a mounting frustration with everything from low stock price to everything that we individually and as a group feel are the causes for the low stock price. But what most of us don't recognize or don't want to have to live with is that the management of this company knows more than any of us about where we are going, what we need to do to get there and what are the most important action items. There are tremendous pressures at the present time because things can't happen out of order and the things that need to happen next are taking extra efforts. Don't let these delays seem like more than they really are. We talk about lack of progress in getting audited financial statements, in getting web site ordering, expanding wine sales beyond New York, packaging, marketing, public relations. The lack of progress will be remedied and then progress will occur rapidly and sequentially as the accomplishment of one milestone will enable the accomplishment of a variety of related milestones. Investors have never been known for their patience, but in reality, a great deal has been accomplished in a short period of time and now we are facing a difficult task. That task for us investors is to stay with our shares in the face of disappointment and to keep the belief that what needs to be done next, will get done. The task for management is to get that deal done and if it can't get done, tell us so and then get on with the next primary action item.
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