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Microcap & Penny Stocks : AMGV - David and Goliath of the box makers?

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To: Tom Nealon who wrote (325)8/25/1998 8:04:00 AM
From: JohnO  Read Replies (2) of 509
 
Tom,
I believe we have the support in the mid 30's for AMGV. During the last few months it has only taken 10,000 shares or less bought to raise the ask price.
Remember that it took from October when the first news release was released about BTO to July before Wal-Mart actually introduced the BTO. They sure move slowly but then again they are the #1 retailer so that means they make fewer mistakes.
Personally I want to see a media blitz concerning the BTO. In reality Wal-Mart is going to do what they deem best. With AMGV banner add on Microsoft Hotmail.com this shows me that AMGV isn't just sitting around waiting for Wal-Mart to make a move.
IMO even if Wal-Mart does nothing in the form of news releases or advertising we know that AMGV will continue to explore and implement other avenues to increase value.
Have a good one.
John
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