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Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN
ALAN 0.00Mar 8 4:00 PM EST

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To: john carr who wrote (40)2/11/1997 11:35:00 PM
From: Timothy R. West   of 402
 
Thanks John,

I'm glad I could help. This is a great forum for putting your thoughts into black and white. It can be easy to self-deceive when you hear a lot of hype and hot air about a company's prospects, so this is a great check and balance to prevent us from getting too excited and over-investing in the next fortune-maker out there. We are all lulled into thinking that all we have to do is to buy and hold the next "microsoft," but in reality we need to manage our positions, control risk (many definitions of risk, I realize), and keep a level head.

Back to Alanco. The volume has dried up considerably and the stock is drifting down... this is not bullish. The fact that ALAN is underfollowed on Wall Street doesn't help when stocks crawl under a rock. All we can do is wait it out and hope these guys are honest (especially with all the frauds out there right now... MFN the latest).

Wishing us all happy investing.

Tim West
11:34 pm, Tues Feb 11th
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