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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk -- Ignore unavailable to you. Want to Upgrade?


To: jaybird who wrote (3115)6/10/1999 2:49:00 PM
From: MARTY HOROWITZ  Read Replies (1) | Respond to of 4824
 
QUESTION FOR ALL: JUST READ ON ZDNET.COM THAT THERE IS A V/PRES OF PRODUCTS AT INFOSEEK WITH THE NAME PATRICK NAUGHTON, ANY RELATION TO OUR JOE NAUGHTON, IF SO, THIS COULD GET REAL INTERESTING, IF NOT, WHAT A COINCIDENCE !!!!! GOOOOOOOOOOOO, JNNE, GOOOOOOOOOOOOOO.



To: jaybird who wrote (3115)6/10/1999 2:51:00 PM
From: Bo Le  Read Replies (2) | Respond to of 4824
 
Jaybird, since JNNE has no revenue now, it is in the best interests of JNNE to sell as many shares as they can to raise cash. By checking # of outstanding shares, we know that they are doing just that. When they are going to stop? 15 cents or 1/8? Maybe. But by that time, many so-called long term investors may decide it is time for them to sell too because they may finally sense a reverse split is coming. If they do a 100 to 1 reverse split, your 100,000 shares will become 1000 shares. You are sitting on a huge profit now, why risk it? Just my two cents.

Happy trading.

Bo