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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers

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To: Sprintcar who wrote (4084)3/5/1999 9:57:00 AM
From: Zeev Hed   of 4624
 
Sprintcar, stop apologizing every time you raise a valid question, there is no need for that, at least not with me. I mentioned earlier that Naughton has a vast array of business contacts and these allow JNNE to sit at the table. These smaller chains do not have the internal expertise to decide what kind of kiosks they'll have and from whom to buy, so they exchange a piece of their real estate for a portion of future revenues and save themselves a head ache. Many do not do their own laundry, their payroll and even their restaurants are catered centrally by some other companies. It is called "outsourcing" and JNNE is trying to position itself to be the outsourced resource for such chains, quite a valid business axiom.

Zeev
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