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

To: Michael Hutter who wrote (3851)7/3/1999 12:54:00 PM
From: CSage  Respond to of 4824
 
From FoolsGold:
Hi all, before any mis-information circulated around about the bridge
interview...
The interview was done before JNNE started it's run. So the .60 "range"
mentioned in the article was just a low projection by Pat Rost. An Initial
Public Offering (IPO) was also mentioned. This is not to be referenced to
GoOn-line but is a possiblity in future endeavors by Jones Naughton.

Now for my opinion: While I do not wish to hype. I believe the people behind
Auctionomics wanted to be part of a public company. Auctionomics is a
"Future Endeavor" of Jones Naughton, so there is always the possibility that
it may become an IPO of Jones Naughton.

I believe being a long term shareholder in this company will have it's
benefits.

David



To: Michael Hutter who wrote (3851)7/3/1999 1:35:00 PM
From: wallstreeter  Respond to of 4824
 
actually there is minimal downside. Even if the spin off does bad later on Jnne and its shareholders should be better off,cause jnne should get a portion of the spinoff in lets say cash and shares, increasing the strength of their balance sheet. If the spin off does bad later on its numbers will no longer be booked on jnne's balance sheet. Its a very favorable scenario.


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