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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: gerard van de brug who wrote (4817)2/2/2000 3:28:00 PM
From: Mrs. Hoghead  Read Replies (1) of 18222
 
Ditto (and Bravo!). While I don't believe the wheels have come off the wagon, I do believe they pointing in the wrong direction. In my gut I feel that the Beta testing issue has a lower priority to the company that other known or unknown directions this company has been heading. I don't know if its lack of funding, negotiating difficulties, the dog ate the software .... Its confusing that in the middle of the "quiet period" (wherein I believed they were conducting beta testing) they veered off in the gambling direction, and who in God's name knows where the incredibly pathetic Art Auction idea came from. Its a case of the cart vs. horse -- do they develop uses for the technology, or do they develop the technology and then create avenues to capitalize on that technology. In my opinion they have put the cart before the horse, concentrating on the online gambling, Art Auction, etc., rather than getting the damn technology perfected. That's my simplistic "girl" take on the situation. But then again, what do I know. I can't complain about BETT/ECNC so far. Thanks to the 50% holdings in ECNC we liquidated in the last several weeks, we become the proud owners of a 40' Pacemaker Motoryacht today. Only time will tell if it could have been parked in front of a waterfront mansion, but for now I'm not seeing anything to indicate that would have happpened anytime soon. I'm still long with remaining shares though, mostly because I don't want to miss out and hate myself if the company does ever get the wheels pointed in the right direction. Cheers! Mrs. H

P.S. By the way, Manny, what is up with the Art Auction? I have seen the question asked several times both here and on RB without any response. Don't tell me there's a quiet period on that one too!
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