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

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To: Tom Dickson who wrote (916)9/6/1998 4:59:00 PM
From: Double Dipper  Read Replies (1) of 4624
 
Enjoy the ride if it happens. But, for me this is still the same company it was last week. The facts have not changed because some internet newsletters are interested in the company. They are not affiliated with JNNE in any way shape or form. Their recommendation is probably without any knowledge by JNNE management.
My point is that on fundamentals the company we may be undervalued at .05. I don't know that for sure because we are not yet reporting and no one can say for sure that its worth .18/.19 on fundamentals.
Price is down because of the controversy surrounding the lawsuit. This is good free publicity for the company but it has little to do
in the way of staying power. To me its going to be short lived price runup and then a drift down until the lawsuit is finished. I won't participate but will continue to hold. Maybe not the best strategy but at least I won't have any false expectations about a sustained price increase. Two years from now I hope we will be a NASDAQ listing but for now I will be happy if they just file their form 10 next month
to be a reporting company as stated int their PR.

Kevin

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