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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 (2217)2/2/1999 10:20:00 AM
From: otcbbbaby   of 2648
 
Nice post Leroy: Perhaps its the influence of Bill Clinton's what does "is" mean, but Lakers is right -- we are analyzing waaay too much. The company had only one retail outlet in December: CompUSA, and that wasn't for an entire month. Online retailers seem to be selling product, although I think their "inventory" numbers reflect inventory at a regional Ingram warehouse rather than an in house inventory. We know there were three shipments previous to the fourth --- nice deductive reasoning, eh? <g> --- and the fact that the fourth is for "approximately" 1,000 units leads me to believe that this shipment reflects sales, because there have been no announcements about new chains taking on product. If the company sold 1,000 units in December with only online retailers and two weeks worth of CompUSA I think its pretty good. They've already doubled the number of retail chains this month by adding Staples. They seem to be doing as much as anyone can given their resources. We could, of course, analyze the numerical values of each letter in their press release and try to come up with a secret message, but I think they just told us that the product is starting to sell well at the retail locations. End of story. I hope we get some news about new chains, but I suspect that even news like that won't support the price for a while. Later.
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