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

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To: WILLIAM I who wrote (1604)7/31/1998 4:54:00 PM
From: JOE TURMAINE  Read Replies (2) of 2595
 
WILLIAM, I really want to believe >> Yes the company is not perfect, but they working really hard to put something good together....<<
I bought this stock last fall a couple of times as low as 3/16 at the end of October and sold all of my stock for $0.61 on the 5th of November. The stock took a bit of a dip and I bought back in, not to trade this time but to "invest". I've added to my holdings twice since then because I believed that they were "they working really hard to put something good together".
I'm not a BIG player like Slim or Claude with hundreds of thousands of shares, but I invested my money on the strength of what the company appeared to be doing. The planned acquisitions and the available information helped me to believe that this was a good company to take a chance on. One thing that appealed to me was access to information. Adrian Madonea was always quick to respond, Frank Landi Sr. was helpful both in writing & by phone. We were followed by stocks4tomorrow the PR firm had a good web page (I believe it's still there), we had some coverage in Individual Investor and communication & life were good.

I don't think we have any real "BASHERS" on this message board. Most are just frustrated investors who have been waiting for real news. We have a website and a webmaster that could be used to keep the investors and general public much more informed. We're not looking for insider information just "current" information. Slim did a good job breaking down the Danielle Case message on from the web page. But if Araldica had continued to keep us appraised of developments we may not have been so quick to believe Lewis. Who is Lewis?? If we knew what was going on with all of the "deals" upfront we wouldn't be down on each other or Araldica. How do any of us make intelligent informed investment decissions when available information is no longer current or factual??

When you returned to this message board after a six month absence and MrMetals hinted at all of the potential eurobucks that could be coming into the Araldica stock we all felt relieved and enthusiastic. Gold Coast Traders, Danielle Cheese, Wilcox Inn, TV time (especially the lack of details) have all done more to drive the price down than any bashing that has been going on. I would hope that the larger shareholders would demand the same information the rest of us need.

JOE
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