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

To: Chuck Delo who wrote (1844)	8/17/1998 3:40:00 PM
From: JOE TURMAINE	Read Replies (1) \| Respond to of 2595

Chuck, my plan was to buy more today providing there are less than 20 million shares issued. Then I figured if AWLT was using shares to raise money I could live with 22 million. I have not been able to verify the actual outstanding share count, so for today I just continue to hold. Don't have the brains to limit my losses. Will ride this one out regardless of which way it goes. I'm sure that Mr. Landi is feeling shell shocked right now and is probably bunkered down trying to reorganize the operation. Everything that was in place that made AWLT attractive to me last year remains. But, more information and confirmation or closure of a few outstanding issues are required before I will dig deeper. If I had more money, I'd be betting it on Frank. JOE