Allnet Services.com Corp. (ANSC) Message Board

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Microcap & Penny Stocks : Allnet Services.com Corp. (ANSC)

ANSC 11.21

0.0%

Jan 21 3:15 PM EST

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To: Mel Viticus who wrote (1287)	6/25/1999 3:52:00 PM
From: Forest Gump	Read Replies (1) of 1468

The stock should have never been 14. It was a fluke two days of trading when Inet auction sites where hot. The stock should be valued around 6-8 with a modest multiple. The company is profitable this 1/4 and for an e-commerce co. that is better than 99%. They will have 3 new sites (mortgage, shopping, and ????) soon. The float is low. Form 10 will be filed any day (it's in lawyers hands). I believe the slow decline is an effect of those 2 days of trading. A lot of people paid 10+ for it and are feeling burnt (that's what happens when you buy on momentum). Stock is in consolidation mode. Check the 3 month MACD Also, watch for news monday with 1-2 more releases next week

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