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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR
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To: Millionairess who wrote (453)3/28/1999 11:41:00 PM
From: C. McD  Read Replies (1) of 954
 
May be time to revisit the BANY backdoor to Anything Internet, which has official been assigned the symbol AYIC, and is showing up on the BB ticker as of Friday.

As a reminder, BANY owns 26% of AYIC, which has been in an SEC "silent" period for the last couple weeks getting ready to trade. BANy has a conf. call this Thursday (get the # off the PR), and AYIC looks like it may finally be ready to trade.

Keep BANY on your radar, it ran from $0.60 to $1.50 after the SEC filing was made 2 months ago, then it drifted back to ~$.80-.90 when trading didn't happen right away. The supposed "effective" date for AYIC is April 5 (60 days from SEC filing), and IMO trading could be announced almost any day now. When trading is announced, the silent period ends, and AYIC IR Sitra Enterprises had a PR blitz planned to promote AYIC before it gets trading. Should be another nice rally for BANY leading up to AYIC trading. BANY gets ~$0.44 in value for every $5 of AYIC price - right now BANy is only covering a ~$10 price of AYIC, which IMO is way undervalued for AYIC due to its tiny float and high potential value as a profitable e-commerce site.

If you get in at a discount price now, there is $ to be made on the BANY pre-IPO (actually BB trading) hype IMO. Good luck.
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