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Gold/Mining/Energy : AIT Advanced Information Technologies Corp.
AIV 5.710+0.3%Nov 26 3:59 PM EST

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To: hugh thorne who wrote (10)2/21/1997 6:50:00 AM
From: Lee Matheson   of 130
 
AIT has the corporate structure in place to support higher
earnings and hopefully a higher share price.

I am long on the stock, but my position is very minimal relative to
my other holdings. I'm watching AIT, to see if the AIT management
can succeed in turning the current financial situation around.

AS for insiders buying, I know nothing of this. I do know that
a number of stock options were issued to AIT employees, but I
believe that is public knowledge. From where did you learn that
AIT management is buying in at the current prices? .... Who
in AIT management has PURCHASED shares? Since they already
have options, I would be surprised (pleasantly) to learn they
are motivated to spend money (as opposed to only holding options)
to buy the stock.

Its always possible that Steve Sandler or Al Churgin are
purchasing shares, as they are the two main shareholders,
and the founders of the company. But again, I've read no
evidence of this.
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