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

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To: Larry who wrote (1277)3/20/1998 11:00:00 PM
From: brad greene  Read Replies (3) of 5847
 
Larry,

Good post.

Traders do improve liquidity. I'm way too hard on them. I'm more of a buy and hold until full value is recognized.

I might note that the book value of BANY can't be $2.25 per share. I think that is an old number from 1995....when there were very few shares....If the book value was that high....BANY would be a no-brainer at $2.00.

On the BANY conference call...I believe an estimate of 20 cents was suggested by Sitra. I'm not sure book value is a good indicator of value here anyhow. I think rapidly growing sales in an exploding market...are.

Russell.....I'm working on the first draft of the new list. I will post it within an hour. It will need to be looked at....and people can E-Mail me with corrections. Perhaps by Sunday evening we can have a more accurate list....and turn it over to Larry......our float guy.

bg
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