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 9:23:00 AM
From: Michael Seymour	Read Replies (1) of 1006

There has been no announcement that they will spin off Switchboard, only indications in December that they are considering or evaluating their options. You will know when it is announced (big pop). Hopefully we can all get together and celebrate. BNYN on its own (ex-Switchboard) is not a very attractive stock. I think the more likely scenario is that one of the large ISPs will acquire us as a logical "product extension" - maybe AOL as they own a percentage of us. The premium had better be at least in the 30s or 40s. The timing would be right given AOL's incredible stock run up just in the first three months of 1999.

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