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

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To: Matthew J. Landi who wrote (1148)6/9/1998 2:39:00 PM
From: Lazarus  Read Replies (1) of 2595
 
Good News.... but this is my take after speaking to CO....

without Danielle...the numbers just wont be there....The stock is trading on speculation of a favorable decision in the case...which it very well may get...and if it does get a favorable decision....be prepared for a nice spike up....until you find that Danielle has appealed.

That being the case the stock could take the elevator back down to .15 - 18.

Unless you are very LONG on this stock....I think it is somewhat risky at these levels...given the uncertainties.....overall though...I do like the stock....but then that is easy for me since most of my shares were purchased at .12

And .... I would add ... that .12 and below was the entry point for the more vociferous ones on this board.....and even though you sing the praises of the company...you will no doubt dump on the first sign of weakness to preserve profits.

Just my honest opinions

Lazarus
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