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

To: Sergio H who wrote (193)	1/8/1998 12:33:00 AM
From: Elliot Lepler	Read Replies (2) \| Respond to of 877

Bill and Sergio, I understand that Air Methods does have a business relationship with the company that won the Canadian contract. They are in negotiations (or will be shortly) with the company and I think we will know in a month or two whether Air Methods will get this business. My understanding is that management is encouraged and optimistic that they will be involved. The Boeing deal was not an exclusive but the terms were established "on the come." They may have been more favorable than those that could be negotiated with a company with the "order in hand." This latter statement is partly speculative on my part and I would like to hear what management says to others. So go ahead and call. Meanwhile the stock price edged higher today, although on light volume. Not a bad performance in a pretty weak market. Some people I talk with who are close to the stock think that there is very little stock to be bought under $4. Today's action confirms that observation. The next few weeks should be interesting. Elliot