So why did you pick BYND over DRIV for your 1999 picks of the year?
I was really expecting DRIV to be added to the list, and I was dumbfounded to see BYND listed over DRIV.
DRIV has a list of several clients who themselves are/will be bigger than BYND (such as Wal-mart, K Mart, Comp USA, Cyberian Outpost, and the list goes one). Can BYND actually outperform DRIV this year on its own? IMO DRIV is/will be the real leader in ESD.
Also, I would appreciate your comments on one of DRIV's smaller clients, Anything Internet, an e-commerce site that sells... you guessed it, anything internet. Anything Internet is scheduled to begin trading on the OTC:BB any day now (symbol uncertain - ANYI, AI, AYIC have been mentioned) after meeting the new SEC filing requirements last week (the first internet new issue on the BB this year to my knowledge). Can a small ($1.5 million net in last 6 months of '98) yet credible site like ANYI succeed with the big boys? My feeling is that they are a better consolidation target than IBUY (another BB:OTC), for which CPQ paid $220 million. Do you think there is there any real value in playing these BB internet issues? I know MLRE got alot of attention when it began trading and went from $3.50 to $27, and ANYI has stated their intent to get on the Nasdaq as soon as this year.
Finally, I know you haven't been a big fan of "backdoor" plays on internet IPOs (such as TSQD/DRIV, MALL/UBID, DBCC/MKTW, and UIHIA/UPCOY), but Banyan Oregon (BANY), a hardsell laptop case maker, traded stock with ANYI to aquire 33% of ANYI (1 million shares). BANY distributed 200,000 of those shares as a dividend to BANY shareholders.
The BANY and ANYI threads are among the best I've seen on all of SI:
Subject 16783
Subject 25657
I would appreciate your thoughts on the prospects for ANYI this year, and any comments you wish to make on BANY as a backdoor for a hot new internet issue.
The following is the analysis I did of the ANYI SEC filing on Feb. 5:
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