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Technology Stocks : Banyan (BNYN $8.75) as an internet play
BNYN 0.000001000-99.5%May 1 11:25 AM EST

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To: John J. Riley who wrote (787)3/31/1999 5:08:00 PM
From: Axxel  Read Replies (1) of 1006
 
We typically do not have price targets and let the stock speak for itself. But, we don't get involved with any stock unless the stock appears to have "relative" absence of risk and the potential for extraordinary price movement. To use an example, AOL, a stock we "like," has the potential for upward price movement, but does appear to be in the end game in terms of price movement. BNYN, although not in the same league, appears to have the potential for measurable price movement 2x$14+ x 15 mos+/- and that is enuf for us. But if the stock acts stupid or if the company does something we don't like, we will throw it over the side. We owe nothing to BNYN and have NO vested interest.

AXXel Knutson
AXXel Institutional Equity Services
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