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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 ()11/3/1996 9:42:00 AM
From: chad hoekstra   of 402
 
I will tell you what is holding the stock back - two things

(1) This company traditionally "hypes" and then does not come through;

(2) The fry guy is going to produce revenues for Alanco that are not typically in the market Alanco operates.

When earnings come out any time now, and they are postive, as a result of the FryGuy, this stock will react positively. This is a risky pick though as it is trading near an all time low. However, Alanco has resistance at a little under 1.25 which would suggest from a technical standpoint that the bottom has been reached and with postive news, be left behind. Let me know what you think.
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