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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (21676)	1/6/2007 1:49:22 PM
From: Sergio H	Read Replies (3) \| Respond to of 23958

The problem with ALAN has been their management. They've failed to come up with a game plan that was realistic and have consistently burned shareholders. If you go back and look over their history you'll find failed ventures in pollution control, mines and fryers. They happen to hit a money maker with their storage division. Just last q was a dissapointment in this area, but they'll make it up in the next report. And their last acquisition looks to be a good move too, but the story and the attraction has been inmate RFID. RFID tags for inmates is a great niche that they bought into but here's where management has made little progress in $coring and if it wasn't for their toe hold in LA County, their record is dismal. I gave up speaking to the Alanco IR as well as their management team about a year ago because timetables would change on a monthly basis, and then their strategy would take a new turn. I don't know what happened to their participation in an RFID tag system for a new prison in Japan or where the money is for any of their RFID existing contracts. Their earnings reports don't add up with the contract awards in their press releases for the RFID inmate segment. When Alanco bought into the rights to the technology for the inmate tags, there wasn't a single competitor in the field. That isn't true any longer. Alanco needs to score a win in California to expand their test deal in LA County that is now about a year old. They might also consider changing the management team if it isn't too late already. Alanco might be a great purchase for a larger Company, but I think there's little chance that they would be willing to sell for less than maybe three or four times its present stock price. I still own some shares, but not nearly the ton and a half that I had earlier this year. Who knows? They may still deliver the promise and potential that has yet to be realized. Ken is probably the most knowledgeable person on this stock that is an outsider to Alanco. Hopefully he can bring us up to date and correct anything that I may have posted in error here. Just posting my opinion.