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Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN -- Ignore unavailable to you. Want to Upgrade?

To: paul jasper who wrote (276)	1/25/1998 10:44:00 AM
From: Paul Bartosh	Respond to of 402

Thanks Paul for another insightful post. I don't know if anybody else appreciates it, but I at least enjoy your somewhat bitter cynisism. There's been enough wrong in this company's past to warrent it. It's this kind of calling-a-spade-a-spade attitude that has to be communicated to management. And you are right, they are still in a precarious situation. This new-found profitability is not an end, and it's barely a beginning. The positive numbers only help to keep us away from further dilution. It, in itself, does not get us to $5 per share. I'm not even sure if Fry Guy by itself can get us there. This is where we find out if CDSI (which we almost already assume to be a pipe dream in the US) will turn out to be a pipe dream in China, Eastern Europe, and/or South America. The market is tremendous. Does Alanco have to right stuff to pentrate it? That's the question. The answer is not around the corner, either. And there are some bigger questions that ARE right around the corner. There's all of this talk about a reverse split. I don't have any insight into that. Even more important is the fact that the Fry Guy/Walmart contract needs to be renewed. We're in the last year of a two year deal. Without Walmart, Alanco would be in BIG trouble. Mind you, I'm not all that worried that an a new arrangement will be reached, but until I see some ink on the paper, I'm still going to bring this point up. Time will tell.

To: paul jasper who wrote (276)	1/25/1998 11:20:00 PM
From: John Chapman	Read Replies (1) \| Respond to of 402

Paul: Thanks for your opinion and especially the information on Spencer Edwards (SPIN). I noticed that as of Q1 1997 they ranked 17th for volume out of the market makers in this stock. As of Q3 the ranking had gone up to 8th and as of Q4 it was still 8th. The volume has increased from 190,000 to 251,000 to 372,000 for each quarter. THis data comes from the NASDAQ site at: nasdaqtrader.com. I will watch them closer.