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Technology Stocks : Lance B's : Its A Beautiful Thing -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (2787)	1/13/2000 12:07:00 AM
From: Norms	Respond to of 4792

ALFN is about to heat up again. What a beeeeeeutiful thing this stock was to us last year. Here is an update from RB. Time for me to call Mike Porter again too. :)) *********************************************************************************** Where are the MMs ? response from Porter. I sent Porter an email to see if he might know when more market makers are going to be active in ALFN stock. Here is his response. I must say that if everything holds true to what he THINKS might happen, then ALFN did a lot better job getting a good market up and running in their stock than the other 30 or so I looked at today going all the way back to 12-1-99. Here is my email and his response. "I have a couple of quick questions. As you may or may not have noticed your stock is still being traded on the pink sheets due to there only being one market maker in your stock at present time. Do you have any idea when and if other market makers will become active market makers in your stock? Also, can you confirm whether or not you will be releasing any news, that is not current public knowledge, after your stock is actually "listed" on the otcbb. I ask that to try and get an idea of whether or not you will be actively trying to generate interest in your stock, to bring in new investors, once you can reach a wider investment audience. Thanks for all of your help and information. Have a good day." Porter's Response: "No, our stock is trading on the OTCBB. Wein, who is the only market maker in there right now, is not publishing a bid and ask in order to limit their liability in taking in stock. They are however quoting a bid and ask to traders who call. I expect there will be another market maker by Friday, and I expect a bid and ask to be published by then. I expect at least 6 market makers or more to be on by next week. The reason why it takes so long is that each market maker must file a piggyback 15C2-11 exemption to trade our stock. That takes a few days to file and approve. Yes, as soon as we start actively trading, we plan to make a series of announcements. Michael Porter"