Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Fate who wrote (3843)	7/3/1999 3:19:00 AM
From: Terry D.	Read Replies (1) \| Respond to of 4824

Fate, I agree with you. What would be the benefit to a shareholder in a spin off of JNNE. We have everything now. Jnne currently has no income producing entity, except maybe earnings from Amerinet. That is a big if. Why spin anything off. If we spin off our internet business, what will the core of JNNE consist of? A law suit against Amerinet? Just my feeling on the subject after having been involved in a couple of spin offs with negative results for shareholders. Terry

To: Fate who wrote (3843)	7/3/1999 8:11:00 AM
From: BI*RI	Read Replies (2) \| Respond to of 4824

Take a look how a sample of IPO's have fared and you might have a different perspective. These are just the ones that DLJ has underwritten. Take a look at the initial offering price and then research where they are trading now. www2.dljdirect.com Edit: It looks like you have to have a DLJDirect account to access that link, so I'll leave it there for those who do; otherwise here are a couple of there recent IPO's E-Loan (EELN) @ $14 on 6/28 GoTo.Com (GOTO) @ $15 on 6/17 MAIL.Com (MAIL) @ $7 on 6/17 NextCard Inc. (NXCD) @ $20 on 5/14 The Street.com (TSCM) @ $19 on 5/10

To: Fate who wrote (3843)	7/3/1999 11:31:00 AM
From: Little Engine	Read Replies (2) \| Respond to of 4824

Well, if Goon-line "spun off" today, what would JNNE be left with? Two kiosks and a hazy vision of an auction site in their future. Wouldn't a spin-off turn Goon-line, like the "Baby Bells", into a competitor of JNNE? Or does JNNE really want to worry about two management teams, two sets of press releases, and (most importantly) filing two sets of financials... hmmmmmm, but it would give them a nice excuse for missing the deadline and going to the pink sheets. JNNE has to file financials by Nov. 3 to meet the public comment period or be delisted. They should file earlier than that to give the SEC time to ask them any questions about their numbers. Goon-line, earlier in the alphabet, would have to file earlier than that. About the time that Auctionomics was supposed to start, I guess. Might not be the best use of their time. Did Pat Rost actually say in that article that he looks forward to JNNE stock going lower? Is he shorting or what? Another hint to Rat Post: "institutional investors" don't touch .75 BB stocks with no financials, no matter what they claim their revenues are. New JNNE motto: "Making it up as we go along."