Banyan (BNYN $8.75) as an internet play Message Board

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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: Mad2 who wrote (803)	4/6/1999 12:48:00 AM
From: James H. Irwin	Read Replies (1) of 1006

Mad, I recall reading a piece whereby Mr. Ferry stated (after the conference call and another set of companies went IPO) that he wanted to monetize the value of SwitchBoard, but unfortunately that went somewhat unnoticed...will try to dig it up. Either way, you could scrap the rest of BNYN and still get a valuation on SB that would easily be 35% of the INSP valuation and get a double/triple...don't have the exact INSP quote but with a little more than 20 million shares, not counting the pending secondary (or did it already come...not fully prepared to give you the numbers at 9:45 pm...but you can check that one out for yourself...you should anyway). So I am comfortable holding this one with what I believe better than a 5:1 risk/reward ratio, plus all the unhappy holders are out and new guys/gals are in. If you don't like this bus, go catch another one...there's an i-net company breaking out seemingly every 1/2 hour. bonne chance

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