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

To: Slim Pickens who wrote (675)	3/18/1998 6:00:00 PM
From: Vince Di Lullo	Read Replies (1) \| Respond to of 2595

Slim, The last runup was oct-nov.The price slowly came back down? Don't you think alot of the people at the top sold for atax loss?

To: Slim Pickens who wrote (675)	3/18/1998 8:01:00 PM
From: JOE TURMAINE	Respond to of 2595

Slim, as for determining "fair value" I use the same approach that I've seen for the sale of small business will little in assets but decent cash flow. 1.5xsales/issued shares. 3.3millionx1.5/16.5million= 30 cents Factoring Danielle that becomes 10millionx1.5/16.5million= 90 cents Based on earnings per share @ 10-20x earnings $0.02x10=20 cents to $0.02x20=40 cents So right now my value for AWLT is between $0.2 and $0.9 leaning towards the $0.90 providing financials when audited and released are similar in value to unaudited numbers. A year from now is where I expect the "good stuff", $0.10 per share should be attainable, and at 10-20 times earnings that would be $1-2 per share. With sales remaining in $10million range the lower end could still be 90 cents. So for '99 I look for October prices to be about 10x todays price. The stockstowatch.com article suggests 3-3x's my guesstimate. Clearly, the price will be determined by the market place and will be based on bottom line success. With Frank at the helm and guys like Matt working 80 hours a week it will take a major conspiracy of events to stop our stock from attaining these levels this century! IMHO JOE

To: Slim Pickens who wrote (675)	3/18/1998 8:36:00 PM
From: glenn blettner	Read Replies (1) \| Respond to of 2595

Slim, you hit the nail right on the head! I am one of stockholders that got caught up by one of the hypsters. I dumped a load in the stock between .34 to .42 . I have thought several times of dumping this dog in the past 60 days and take a loss. But then I just happened to look up awlt on SI never thinking I would find anything and here you guys were. I've been lurking ever since along with a couple of my buddies. After reading all your posts I have decided to stay in for the long run, even though one of my friends took a loss and dumped his holdings during the past run up around .25 . Looking forward to the party! Glenn

To: Slim Pickens who wrote (675)	3/18/1998 9:58:00 PM
From: JOE TURMAINE	Read Replies (2) \| Respond to of 2595

Slim, from the past. COPY OF NOTE FROM A PRIOR POST ************************************************ "We'd like everyone to evaluate us on our performance over time: ignore everyone's hype; and even ignore our battered stock price.ÿ Someday, we can only hope it is soon, it should be back above the $1.00 level where it belongs (in our opinion) -- perhaps after the short sellers get sufficiently burned playing with us. Frank J. Landi, President Araldica Wineries, Ltd. 2 Hamilton Ave New Rochelle, NY 10801 Phone (914) 636-0500 Faxÿÿ (914) 636-0518" It would be great if we new where all the shares are. JOE