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Microcap & Penny Stocks : AWLT wines and gourmet food - Italy Direct -- Ignore unavailable to you. Want to Upgrade?

To: Bob Pressler who wrote (543)	2/20/1998 2:25:00 PM
From: Slim Pickens	Respond to of 2595

Bob, For now, this company's sales take place primarily through individual retail and wholesale operations that have been acquired by Araldica, not through Araldica headquarters. I know you know that and your post in support of those seeking information is appropriate because we all want to know more. However, we are dealing with a penny stock of a company that is in the developmental stage. They are working on a lot of things with limited resources and limited people. The company's market capitalization is less than expected 1998 revenue and there is room for upward movement in the short term in my opinion. That upward movement will happen without hype but my guess is that there will be and is hype going on too. If you are a long term investor you and I will do well with this one. If the price gets ahead of value, I will sell some for a profit and get some more when those who jumped in for a quick hyped buck end up getting impatient and sell for a loss. This one will not rocket to a new level and stay there in 1998 unless there is real good news. It may rocket to a spike on hype but those who jump in high will get stung. I support efforts to keep this thread open to all opinions from posters who have something to add to due diligence and not let personalities and egos become the issue. You are not holding the bag, and you, me, and the other shareholders should have faith that management is doing the right things, as well as digging and finding out what they are doing. Let's not ask Matthew to make negative statements about the company or criticism him for his frustrated posts, after all, he works for the company. Let's expect him to make positive statements when possible. In defense of his previous statement that he would try to answer questions and then to have him bow out in the face of those questions, haven't you ever been in a position where every one is nipping at your tail and you don't have the ability to give them what they want so you get defensive. Why push when we already know that information will be given when it's available. Slim