JNNE Jones Naughton: Go Online via Kiosk Message Board

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

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To: CSage who wrote (2091)	5/6/1999 12:13:00 PM
From: Joe McInerney	Read Replies (2) of 4824

How long has Cannon been there? Only two more hotels? I think this is why people are not too impressed and the stock price is not going up. A little perspective is needed. I totally agree that this stock is going up fast, but we must not hype too much. My single concern with this news is that it is only 2 new hotels. How hard can it be to sell this idea on a mid range hotel. As far as I understand, the hotels do not pay anything and they get part of the action from it. I am sure that I could walk into ten hotels in a day and sell each of them on this idea. What is holding the hotels back? What JNNE truly needs is to negotiate with one chain to get these in each of their hotels as fast as they can before someone else comes along and does the same thing. One problem with this may be the cost of the units if they had to purchase 500-1000 all at once, but I'm sure they could find some sort of short-term financing for these units. Hopefully news will be out later regarding the profitability of the first test unit. With good numbers they should have no trouble at all with placing more and more units. Just my opinion Joe

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