BANY: Core business growth, exciting affiliations! Message Board

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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: dealmakr who wrote (3355)	12/1/1998 6:27:00 PM
From: Mike Sawyer	Read Replies (2) of 5847

Here's a message I read from our Yahoo pal, Chewy Mutant...LOL! I still get a kick out of that name. Anyway, here's the message he posted today... The buy-in of 495,000 shares hasn't started yet. by: ChewyMutant (53/M) 711 of 711 Today (just before the big move up) I called CEO Yost & one of the questions I asked was whether the buy-back of the 495,000 shares was contributing to BANY's upward movement during the past several weeks. I'm not 100% sure of his answer, but I believe he said that the forced buy-back had not yet started; Yost did say that Banyan had recently received correspondence from the broker involved which suggested that the buy-back may occur soon. I also spoke with Scott Sitra and complimented him and all involved with putting together the Anything deal; to me that was a stroke of pure genius since all parties involved gain from the process. I especially emphasized how impressed I was with the interest Banyan displays toward its shareholders since this is one characteristic which is usually lacking in smaller companies. This may be premature, but I asked Scott if we can expect similar "moves" in the future & he said that they are working on another acquisition right now which may lead to another share dividend for BANY shareholders. I complained to Sitra that they were making it difficult for a shareholder to sell their shares. I think the more you get to know about this company, the "longer" your outlook becomes. Cheers to CEO Yost & Sitra. Should send them a case of Coors for their efforts. GO BANY GO!!!

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