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

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To: wallstreeter who wrote (1441)11/12/1998 2:58:00 PM
From: James Randall Ingram  Read Replies (1) of 4624
 
Until today, i held what seems to be the consensus opinion here that JNNE would be lucky to receive approximately $5 million from the lawsuit. Today's news changes my opinion. If, as alleged, ANFS can be proven guilty of fraud, I don't think JNNE will settle so easily. I think a $10-$20 million settlement is very possible. Opinions?
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