ECNC (OTC:BB) - eConnect Message Board

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

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To: JIM FEN who wrote (5329)	3/8/2000 8:34:00 PM
From: Fast Eddie	Read Replies (2) of 18222

Jim, I'm short ECNC because (in no particular order) No verifiable revenues, let along earnings. No assets, about 10 employees Management works part time and out of their homes per secretary. Independent auditor quit last year. Million dollar lawsuit regarding loan default Non existent business 777wins No analyst coverage or institutional interest Tons of cheap 144 stock coming to market The need for swipe pad is fatal flaw. Most importantly, you get all this and a $2.1 Billion Mkt Cap. I like my odds for this to be back in single digits in a few weeks. FYI I've make great profits on other Copia picks and wish I'd bot some of this when it was pennies but now the only sensible thing to do IMHO is to short it. Congrats to you and others that got in early, just don't stay too long. Realized profits are the only real profits. Fast Eddie

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