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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!
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To: brad greene who wrote (3296)11/30/1998 3:16:00 PM
From: E. M. Edds  Read Replies (2) of 5847
 
While I agree with most of what you said, I think you are missing the key, and IMO, most important point. All of the paperwork will be completed and submitted by early next week for the IPO. At that point, AI will be given a time frame for the IPO. Mr. Sitra told me today that when the company is given such a time frame, it will be released in a PR. Finally, all AI PR's will have mention that BANY is a 27% owner of AI.

Therefore, IMO, when the PR is released next week, regardless of whether the IPO is in December or January, the share price of BANY is going to shoot through the roof because it is a chance to get in on IPO profits pre-IPO. In other words, the internet frenzy present today will be reflected in BANY's share price. It will be a week well worth waiting.
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