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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999
BNEZ 0.00Sep 18 5:00 PM EST

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To: Leroyt who wrote (1991)1/26/1999 5:47:00 PM
From: jmt  Read Replies (1) of 2648
 
jmt, Do you have anything FACTUAL to say?

Sure.

Nobody knows anything about this company. No information has been released. Makes it a perfect setup for hype. But in reality, this company will live or die over the next month. Either PMA sells or it doesn't. If it doesn't, bankrupcy. If it does, maybe the same, maybe not. And the AOL lawsuit? Blame them for the company's stock price? Since the fundamentals have deteriorated since then, don't release anything, issue shares without disclosure, and blame it all on AOL.

So AOL if settled may buy some time. But is the product selling. And how much profit needs to be made to support the current share price? A one horse penny stock company in a competitive market doesn't deserve a high multiple. But not to know the shares outstanding provides no benchmark whatsoever to value this investment.

So, those are the facts. I wish the company luck. The product seems to be a good idea. My objection is not to the product. It is to the individuals that take advantage of no verifiable information to make up stories and create demand to support the stock for private placement selling.

jmt
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