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Technology Stocks : Avalon Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: 9ball who wrote (103)	11/18/1997 12:12:00 PM
From: Chad Beemer	Read Replies (2) \| Respond to of 1530

Andrew, They have 9.2 million shares FD and 3.2 million shares in the float. I do not know what company they are about to acquire as that is inside knowledge but they are doing this through a loan from a bank in London. There are sevral people watching on the sidelines to see how this acquisition develops. I understand a large group of doctors are interested is this company as they have seen a model and demonstration of AVAL's kiosk that checks blood pressure and body fat. There are two promoters working with AVAL as well to create a larger audience and of course myself as I liked the business plan of AVAL and am talking about it on this thread. This stock needs a bigger audience from smaller investors like most of us here and this is nice accumulation time before any significant events change the asset levels of this company through their agressive aquisition plans. THis is just the first of many acquisitions that AVAL has planned for the next year or so as they intend to build a 100 million dollar company over the next 3 to 5 years. As a matter of fact they gentleman that just came on board as their new CFO has excellent credentials and would not have got involved with AVAL unless he had great confidence in management and their business plan. As I have said here before if this acquisition doesn't go through it isn't the end of the world as they will find another lender for this deal along with many others down the road. Andrew I do want you to talk to Bernard and get more details on AVAL and do your own dd. I have met Bernard personally and have a good feeling about him and AVAL. Chad Beemer