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

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To: PJr who wrote (920)9/7/1998 6:48:00 AM
From: Steve Misic  Read Replies (1) of 4624
 
Patrick,

So, NOW EVERYONE sees the micro-cap "bear market" I have been talking about since it started after the IDID run-up two years ago. But the big question is what will it take to turn it around in the micro-cap sector? I have said that a severe correction in the "nifty 50" would be necessary before any real action would return to the broad market. This correction is under way, but may not be done. In any case, if I am right, only the stocks that push themselves to the front of the pack will see any action due to tax-selling season being around the corner. JNNE should be benefiting from the return to college in the "Community Marque" division. JNNE has had time to establish relationships with advertisers since the acquisition and if so, they need to get the word out. There are other positives besides the lawsuit to get the word out about. From what I have seen since Patrick Rost has come on board, I am sure he is on top of it BIG TIME!!! In this wild market maybe you can be cute with your stock and time JNNE perfectly, but I think, if things go right, you may regret selling too soon!!

GO JNNE!!!!!!!!!!

Steve
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