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

To: joseph w renfrow who wrote (157)	12/20/1997 12:07:00 PM
From: Elliot Lepler	Read Replies (1) \| Respond to of 877

Joe, I think that the January effect will help Air Methods. The market the past couple of months has been very difficult for smaller stocks. I have significant losses in a number of positions. Historically January has been kinder. However I am more optimistic for Air Methods in the coming weeks because the company has reported record earnings last quarter and should report a further increase in q4. The year end report will probably not be available until the end of February, but I think with reasonable anticipation we could see a nice move in the coming weeks. I know that there are a number of other corporate advances that are in the works and I expect they will finally come to fruition. Look for the Sikorsky medical interiors division to produce news. Also the Boeing proposal to Canada is reaching a decision point soon. I know I have said it before and my timing has not been perfect (!), but we will see much much higher prices for Air Methods soon. I do have to say that I no longer think we will make the $10 in 1997, but think that price is more and more likely during 1998. (but maybe not January) At $3 you are paying for a company valued at about $24 million. They could easily make $4 million this year on sales in excess of $50 million. Enough said. Good luck to you all. Hang in there. Elliot