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Microcap & Penny Stocks : Air Methods (airm) -- Ignore unavailable to you. Want to Upgrade?

To: Hijacked Account who wrote (138)	12/10/1997 5:52:00 PM
From: Paul Lee	Respond to of 877

people panic and sell anything--no buyers--they will wait for selling to stop--no volume, just lack of interest

To: Hijacked Account who wrote (138)	12/10/1997 7:48:00 PM
From: Elliot Lepler	Read Replies (1) \| Respond to of 877

Bill, I like seeing conversation on this board, but it really pains me to have this conversation. I thought that the 3's were history when we moved into the 4's, but I was wrong. I think a factor in the decline may be the outstanding Brous estimate for 12 cents for q4. They may make that number but I think 10 cents is more realistic. If an earnings downgrade is coming, one could certainly understand people saying why buy now; better prices could be coming. We have heard no news from the company itself for several months, other than the earnings announcement. With all the irons in the fire, perhaps an announcement might bring us out of this funk. I must remind you all that Red Chip is calling for 45 cents earnings in 1998. We are now selling at about 7 times that number. Pathetic. Red Chip's next update will be out at the end of this month. Although I swore I would not, I bought some more at $3.50. (sigh) Elliot