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Technology Stocks : Avalon Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Author51 who wrote (318)	3/8/1998 10:40:00 AM
From: Chad Beemer	Respond to of 1530

John, I appreciate your response to brentboy as he has every right to voice his opinion and your quote from the Bible is also very true as well. My favorite one regarding penny stocks is "Don't cast your pearls before swine". As far as the stock price I really can't say but the promoter working AVAL has moved WAST recently from the 30-50 area to over 3 dollars. I would say being conservative that AVAL should get to 1 dollar in 3 months and possibly more depending on how the company moves forward and what develops. This stock being very tight with only 3.2 million in the float can move higher very easily on decent buying. We have seen more selling in this market than what I anticipated since I have been involved with AVAL last fall but most paper is held between 20-50 cents so there shouldn't be waves of selling in this area. Right now we are seeing mm's trying to shake out paper as I have heard that three of them are still short. Any stock under 30 cents is a very good place for adding or picking up paper in my opinion. John, I appreciate you joining our forum and also encourage you to give Bernard Hicks a call at 562-433-4512 or his pager at 800-772-4068. He will be happy to answer your questions I am sure as here have already done so. Chad Beemer