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Microcap & Penny Stocks : ARET (Formerly KLHE) -- Ignore unavailable to you. Want to Upgrade?


To: Alan Markoff who wrote (2714)11/25/1997 7:56:00 PM
From: david joshi  Read Replies (3) | Respond to of 4594
 
To all Aretians, I haven't posted much on this thread, but I have been a regular peruser of it and I feel I am part of this family. Just like all of you I felt apprehensive with the turn of events and downward slide. Eventhough some of you have a good rapport with the ARET management, I feel it is my duty on behalf of our investment club which owns close to 400k shares to speak to the management personally. So I did. I spoke to Dick( Delmar was not available) and expresseed our concern. He was quite straight in speaking with me and I was less apprehensive than afterwards than before. No, Delmar has not sold any of his 80mill.shares but has declared his intention to sell 5mill. whenever the opprtunity presents itself -- in 10 to 12 cent range- and is not in a hurry.- The slide in the stock price was a shock to him as well because he thought the good news that was put out would have brought it to 5-6 cents range in their belief. They have more good news coming but he jokingly said that may be they should not put it out since the good news seems to be bad news for the stock price. I did not prolong our conversation much further because I was in a hurry and it does cost me long distance. But in short I feel more confident about the stock now and will present it as a buying opportunity to our club. Have faith! ---------------- DJ