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Technology Stocks : Enterprise Informatics -- Ignore unavailable to you. Want to Upgrade?

To: jackhach who wrote (8824)	2/19/2003 2:16:59 PM
From: jackhach	Read Replies (2) \| Respond to of 13797

What is truly encouraging is that we are now building legit support below the prevailing price at/around $.25 cents -- and there is a vacuum until you get up/around $.70 to $.75 cents. That is not to say we won't have sellers in between -- but the traffic should be relatively light. It won't take a whole lot of buying to have ALTS run up on us very quickly here. The beauty of holding onto the stock for so darn' long is that we've experienced 15 to 24 months of steady selling -- wherein those that owned at far higher prices agreed to take a loss (many with only 10, maybe 20 cents on their respective dollar.) Buyers, on the other hand, were gradually able to gobble up 5 times as many shares as to the basis of the seller. It is not until one gets ALTS average owner's basis below the prevailing price -- that were going to see any evidence of price stability and/or appreciation. The 200DMA is now only $.16 cents with the far, far longer 400DMA now reading $.20 cents. Although, just the same -- I personally want/like to see some steady/consistent volume to make an appearance here so that I'm not going to be buying my own appreciation. on another note -- IF as Carl Mostert projects ALTS is going to make itself $1 million in profit on a projected $9 to $10 million in current year sales -- then a buyer could justify throwing as much as $10 million at the company -- or ALTS could borrow $10 million to step it up exposure. Generally you cannot reasonably borrow/leverage more then 10 times free cash flow. -JH