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

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To: Robert who wrote (1768)8/12/1998 7:00:00 PM
From: Slim Pickens  Read Replies (1) of 2595
 

ÿÿÿÿÿÿ Update on the Pennies
A L E R T N E W S L E T T E R . C O Mÿ 8/11/98
===============================================

Just a couple of quick things regarding the pennies that we are in:

AWLT-- I have noticed one of the mkt mkrs accumulating a position,
last time he did this we saw the stock go to over .20 fast.
My understanding of the current situation over there is they will be
reviewing audited financials from Danielle (the acquisition), assuming
there are no fundamental changes from when the original offer was made,
they will close and assume control immediately.
--------

Thanks go to Alertline.

Slim
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