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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: brk who wrote (814)4/7/1999 9:59:00 PM
From: Stuart T  Read Replies (2) of 1006
 
I initially played this stock back in early January when the backdoors were hot. I sold out for 4 points. I got back in recently when it started lifting itself of the floor.

It is hard to understand why this stock won't move. You have AOL and MSFT owning a piece of the company and a good old SB. This stock will have its day. With no news out you need to trade the stock, at least part of it. Sitting with it can be a killer (see NAVR). I sat on my holdings in NAVR for a while and then started trading some of it. Keep a core position and a trading position.

This stock will have its day. Pick your exit target and be ready. Don't wait for the home run and miss all the base runs.

Good trading to you
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