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

To: BI*RI who wrote (3846)	7/3/1999 5:05:00 PM
From: Terry D.	Read Replies (2) \| Respond to of 4824

I agree that a wide range of investors are interested in IPO's of e-commerce/internet companies. My concern is, how would a spin off benefit current JNNE holders. i.e would we receive shares of the new company, would we receive warrants to purchase shares at a set price. Say we received warrants to buy stock at X dollars a share and the price dropped below that level. We would end up holding warrants which would have no value, plus, what would be JNNE's source of income as a company? This could also devalue our stock in JNNE. Just some things to look out for and to ponder. I hope a spin off will give current shareholders X number of shares for each share of JNNE held. Terry