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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: P.E. Allen who wrote (2871)	5/17/1998 6:30:00 PM
From: Robert	Read Replies (1) \| Respond to of 25711

P.E. Check out AWLTand lemme know what you think. This one was recommended by Alertline on Friday. Heres what they sent out: 5/15/98 We received this tip a couple days back and have liked it more, the more research we have done. Highly speculative, but at its current price, risk reward seems real good.Plus due diligence on a winery/importer is always fun for a couple of winos like us. There is some timeliness involved, a judge is expected to rule before the end of May on a lawsuit that could result in this company receiving up to 12.5 cents per share. Compare that to the current price and it seems like a lay up. New recommendation: Araldica Wineries - AWLT (Aggressive speculative buy) Araldica is a company that ARALDICA is, primarily, a direct marketer of premium Italian wines to Italian-American consumers. They are currently the American agent s representing some two dozen Italian wines, from 3 regions in Italy [Tuscany, Abruzzo and Sicily]. The company has extremely modest values in relation to sales, earnings, and book value, which, based on a March 12, 1998 release, is approximately $.35 / share - making the stock one of the few microcap, extremely inexpensive ($.20 a share at the time of this writing) stocks trading below it's book value, and at a modest 10 times earnings. It has a market cap of less than $4 million at the current price. The company also is the plaintiff in a law suit which could result in a dramatic financial impact on its balance sheet if punitive damages are awarded. The company is anticipating earnings to be $.10 per share in the forthcoming 12 months - giving us a target price of $2 in the immediate term. This is a sales and earnings driven company - we love the stock.