ALANCO ENVIRONMENTAL: ALAN Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN

ALAN 0.00

Mar 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: john carr who wrote (42)	2/13/1997 3:03:00 AM
From: Timothy R. West	of 402

John, I have some new info on Alanco. The 223k shares that traded today were a clean-up (we heard that before) of the convert seller. 1 million shares were created when bonds issued were converted into stock at $1.34 (avg price). Bond holders don't always want to hold equity, so consequently they sell off the shares when they get them. I heard some good news from the Walmart side. The woman in charge of the snack bar division got a STANDING OVATION at a Walmart company meeting for her strong performance and results. Apparantly they want to add the Fry Guy in far more stores than the original plan. Now they are talking about all the Sam's Clubs and Sam's Superstores. I don't know the quantity of these stores, so let's assume (for now) 500 more stores will be added. We can assume the same high traffic over these locations and arrive at the following additional eps. 500 stores X 80 customers/day X 360 days X 13 cents/order = $1.5 million additional earnings on 33 million shares (could be 36 million shares by year end) or $0.045 cents. Throw a 10 multiple on the earnings stream of 4.5 cents to get an additional 45 cents per share additional stock price for ALAN. Good news is good news. I don't know when this will be announced. For now, at least the downward drift we've seen in ALAN is over now that we've seen the reason...the seller was hanging over the stock... it's a shame that everyone else knows that 1 million new shares were created in January due to conversion and yet the average Joe (us) doesn't know what's going on.... I still feel there is a lot left to be desired about how the stock exchanges and NASDAQ works. We are still left to our own devices... so let's support each other. For further details or clarification, call my broker Steve Felix at Paine Webber 800-423-6451. He'll give you excellent execution and reasonable rates, but more importantly, he's right on top of this story! Best regards all! Tim West 3:02 am, Thurs Feb 13th

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next