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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Mr. Big who wrote (80749)	6/28/1999 8:03:00 AM
From: LadyNada	Read Replies (1) of 119973

WITC hype in bizweek, question asked of Merrill Lynch's Henry Blodget on Where Net Stocks Are Headed businessweek.com Q: Is Wit Capital ahead of its time? A: Right now the financial services industry, including the investment banking industry, is going through tremendous change. As this happens old firms are breaking apart and new ones are being formed. We think that Wit Capital has some competitive advantage because it is so focused on the Internet and has access to some Internet distribution. We also think it is a good time to form a new investment bank, and therefore we imagine that Wit will probably do well whether or not its Internet strategy is successful

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