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Technology Stocks : AER Energy Resources (AERN) -- Ignore unavailable to you. Want to Upgrade?


To: Russell Gasperini who wrote (538)3/6/1998 11:04:00 AM
From: Alan C. Zezula  Respond to of 621
 
RG,

Haven't heard a thing from Beth. It would be nice if she acknowledged her e-mail. Although as far as I can tell Mary Ann Haskins is the pr person. They did call me back last year when I left my name and phone number. Why don't you try that with Mary Ann and see if you have any luck. I guess they have this thing where they would rather talk on the phone.

Maybe you could ask them if the future is as bleak as it seems.

I just got their 3rd. qtr. statement that said their net loss was $2.38 million or 10 cents a share vs. $1.79 million of 7 cents a share for the 3rd. qtr. of 1996. I just don.t see how they can go on like this and be viable. They had $12.25 million in cash and cash equivalents which they obviously don't have at this point in time.

Let me know what you hear from Mary Ann. Thanx.

Al



To: Russell Gasperini who wrote (538)3/17/1998 9:45:00 PM
From: Alan C. Zezula  Read Replies (2) | Respond to of 621
 
RG,

Have tried to send this FIVE TIMES so will keep it short. Talked to Mary Ann Haskins yesterday. She said AERN is viable to the end of '98 and they are working on financing. They have a credit card type battery for HPC's (hand held computers i.e. Palm Pilot).

So I scooped 100,000 shares at 1 3/16, yeah, right! Vol. today was 111,400 with AERN 1 11/32 + 3/32. Some shrewd person is buying while it's CHEAP! Ave. vol. is 47,362 so someone is buying once again on upticks. Just don't get it, but time will tell. Yesterday vol. was only 18,900! Go figure.

She said they will have some upcoming announcements. Can hardly wait! They have another order from Bartizan.

Good luck to us and go easy on those 100,000 share blocks. Leave some on the shelf for the little guys.

Al