ALANCO ENVIRONMENTAL: ALAN Message Board

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Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN

ALAN 0.00

Mar 8 4:00 PM EST

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To: GENE GERALD BOEHM who wrote (364)	6/23/1998 3:16:00 PM
From: Joe Bourg	Read Replies (1) of 402

Gene -- I only guess, but it appears that the volume selling has finally dried up, maybe Peepers et al have finally dumped the last of their shares. But in watching the stock, it appears that we may have finally bottomed out at 1 1/8, stayed there with very little volume, and are now moving up on buying volume. The technicals still stay this stock is way oversold. Now if we could just get a press release with some of the upcoming good news actually confirmed by the company in public we could be on our way back. So to answer your question Gene -- I believe it is a bit of both -- people are starting to hear the good news and realizing that the price of this company is cheap. With a market cap of six million and a million + a year in revenues from Fry Guy alone -- this price isnt justified. Lets just hope that the company can issue some good news soon and sustain this little rise we are seeing. Good Luck all

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