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Microcap & Penny Stocks : ALFN - Toy Store On The Internet
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To: ALTERN8 who wrote (1875)6/5/1999 12:51:00 AM
From: Bryan  Read Replies (1) of 2136
 
"Are you holding ALFN as well as SSA?"
YES....(by any freak of nature, have you worked for SSA?)

"I bought ALFN this week, how long do you think I must hold for to get a nice reward say for a 5 or 10 fold?"
5 or 10 fold? That's quite optimistic but not out of the question. I figure you have to factor in such things as the upcoming X-mas shopping season for any toy company. But with ALFN, everything hinges on two key factors, IMO.
1) Becoming fully reporting.
2) Successful E-commerce website.
Without those two points, the stock goes back down to 1/4 and stays there forever. The only reason it can manage to stay above $1.00 at all is on future expectations that have been built up by the company (hence, my two key factors).

"or is that even Foreseeable?"
Hell ya......but timing is everything. IMO, you have to give it 3 months to complete the audit requirements and initiate the e-commerce site. Then you have to let it play out through X-mas and wait for a post holiday earnings report, to get a better idea of cash flows, financial condition, etc. If it pans out the way ALFN has hinted it might, then within a year's time we could see double digits.

OR..............

I could be wrong and the stock could go to zero.

Have a nice weekend.
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