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

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To: GENE GERALD BOEHM who wrote ()4/15/1998 1:46:00 PM
From: Joe Bourg  Read Replies (1) of 402
 
Things are sure quiet in AlancoLand -- eerily quiet. Two weeks ago we traded over a million shares in one day, and this week we're struggling to break 10-20,000 a day. Just who WAS doing all that buying and selling ? To be honest, I thought the company might have been buying back shares, but then I realized that even though they now have positive cashflow its not enough for repurchasing stock.

From what I have been able to chase down, revenues appear to be steadily increasing and hopefully we will see an increase in revenues (pre-reverse split of course!)-- at which time the company has stated that they will take their dog and pony show on the road to attract new investors. We definitely need new money flowing into this company.

BTW -- did anyone else see the volume the other day. The daily volume was stuck at 100 shares for most of the day. If that wasnt a typo I really had to laugh. Assuming this person uses Ameritrade (the cheapest online commission @ $8 if you buy at the market price), this person will have paid $16 in commission for $50 worth of stock -- requiring a 32% return just to break even !!!!

anybody care to venture a guess on next quarter's EPS ?

Good Luck to All

Joe
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