BANY: Core business growth, exciting affiliations! Message Board

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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: David L. Wasylenko who wrote (5517)	8/10/1999 11:21:00 PM
From: Mike Sawyer	Read Replies (1) of 5847

Yep, nobody ever dreamed that BANY would get an E added. The stock was already at a tender point and this negative just gave the straddlers a reason to sell. And don't expect the MM's to be kind to people that want to sell at a low point. They are ruthless as we all know. I know several people that have been buying every day. There are buyers for all that want to sell but I don't know where the bottom is right now. I would have to say that BANY is in an extremely oversold condition right now and is ripe for a run as soon as the E situation is resolved. Anything has support from 11-13 and I expect it to go higher soon. This will just give BANY and even more undervalued condition. At this time BANY has a market cap of $6.875 million if you calculated it on a completely diluted share count of 11 million at .625 cents per share. Now figure that they own 800,000 shares of ANYI that are worth about $11 per share. That is an asset of $8.8 million dollars! That tells me that I could forget about the DoubleCase division and it is still undervalued! I don't blame people for selling at this point...I must admit that I thought about it myself. But after some long talks with myself and some people that understand things far better than I, I have decided to sit tight. I just can't see BANY and ANYI staying at current levels much longer. The time is going to come very soon when both stocks will rally very well to the top side. I expect to see new highs in each one of them this fall. I expect to see the E removed and a sharp rally to follow. When will this take place? I don't know...but I am hoping it is soon. Cheers!

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