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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: Sportfish who wrote (5027)6/7/1999 1:11:00 PM
From: brad greene  Read Replies (2) | Respond to of 5847
 
Sportfish,

Judging by the volume........

I would say that we will be starting from scratch..... Expecting the SEC to take the full time period allowed.......I believe 30 days is the response time on the turn-a-round......and the last response filing was two weeks ago?

The larger question is whether or not there will be yet another filing needed. If there is, then we can expect further delays, perhaps a lower stock price......but we may get to see the next round of sales numbers from Anything Internet.

It has gone on for so long now......I think quality of the deal is much more important than the trading date being right away.

I suggest playing some golf as a good way to pass the time.

Another stock I own went through a buyout deal not to long ago......It took them exactly 7 months to get the deal "effective" (they were also amazed at the delay)....so I would think we are much closer to the end of this process than we are to the beginning. I think we are closing in on 7 months.

I think BANY has held up rather well....all things considered. I hope that most of the weak players have already become tired and moved on......as I know that some are picking up those loose shares.

bg