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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk

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To: ztect who wrote (233)4/6/1999 2:21:00 AM
From: Investor Clouseau  Read Replies (1) of 4824
 
ztect, I will give you information that I believe to be correct although it is not all inclusive.

1.Insider holdings way above 8 million.
-Joe Naughton owns 8.3 himself per phone conversation with me.
-Pat Rost (PR GUY) I believe owns at least 3 million. I don't recall where I saw this.

2. Don't know the reason for increased share dilution.
Was told by Pat, on JNNE thread, that there will be no more share dilution. Also Joe Naughton loaned his own money to JNNE (I think $500K ish)

3. I believe that Joe Naughton was the senior exec at JC Penney who set up their internet program. Again I don't remember where I saw or heard this.

4. To me, all the other questions are not currently important. This company should be going for market share at this point. If you apply your formidable analytical skills to YAHOO you may find that it's a bad investment now and 4 years ago. Don't miss the forest because you're analysing the trees.

5. Unknown settlement date for winning the lawsuit. They ask for $60 million but even $6 million would equal $.10 per share! BTW the lawyer is doing it for a percentage, no up-front cash. This, to me, is a sure sign that they know they are going to win BIG!

This company may not breakout tommorrow but I KNOW that the people at the top of it believe! They know much more than we can know at this point but can't tell us yet.

Sorry if I'm not coherent but I'm tired. I have stated what I think to be true regarding the company. The statements I have made are the reasons I have invested in the people who are part of this company!

Remember these people, Jobs, Gates, Bezos, Cuban? I do.

Goodnight and good luck trading.

Joe, long JNNE XNET TLWN CTKT
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