JNNE - Jones Naughton Profits Via Mass Market Retailers Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TrumpCards who wrote (33)	5/22/1998 12:07:00 AM
From: Lance	Read Replies (2) of 4624

Sorry...I should have explained.. When this stock was in the .28-.35 area, it was recommended by a newsletter and all hopes hinged on JNNE getting a deal with C21 for their Television services side of the business....Hughes ended up with the contract...the stock tanked and JNNE sold of this division to Amerinet and received in part 15% of Amerinet. Amerinet was started by a couple people that owned one of the largest C21 franchises on the west coast. Very wealthy and heady individuals. This was JNNEs' saviour as JNNE hooked up with Royal West and put together a program involving Amerinet and Costco. JNNE receives a 50% fee on each mortgage contract. I have read that this is a lifetime deal. Anyway...If Costcos' numbers are correct and their mortgage loans go from 3 bill to 30 billion, JNNE stands to add 12 million dollars in income to bottom line. No one until now has realized the extent of this. Costco is preparing to roll out across America. They already have the program in place in certain areas...my area..the Pacific Northwest is one already in place. I'm sure that JNNE will try for other clubs such as Sam's Club...down the road. Without anything more other than their current Community Marquee business (info service boards placed in Universities, airports, etc) and this Costco deal...1999 (next year) income is expected to be 12-14 million..providing Costco has the estimated revenue increase...and with 38 million shares outstanding the EPS will be above .22 and in 2000 above .34. Take the industry PE which is 20-40 and multiply that times the eps and you will have an estimated share price. I get $4.00/sh plus estimate for next year. This does not include like i say...any new business they add..(and they are planning an acquisition soon) plus any other mass merchandiser club they may strike a deal with for the mortgage program. JNNE has virtually no debt. Very cagy moves which involve little cah outlay by JNNE with huge potentials. If the share price gets into the $3-$4 range next year...NASDAQ lisitng is very possible. JNNE has also stated that they will be a fully reporting company by August...a big move for an otc:BB stock. I've looked at this backwards and forewards...talked to Patrick Rost several times and Jones Naughton himself who always told me over the last several years that he will do what is best for increasing shareholder value. I believe (like everyone else lately) that this will be a big winner in the next year or so. Look at the volume lately...from several thousand shares a day to 3-6 million shares traded in the recent days. Newsletters will be picking this up with strong buy recommendations. Costco members are very loyal and the Costco in my area does a huge business. This move of JNNES' tied into the mortgage loan business and Costco is a huge feather in their cap....and feathers this large tickle me a whole bunch! Regards.... Lance

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next