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Microcap & Penny Stocks : Anything Internet Corporation (ANYI) -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (461)7/7/1999 11:27:00 PM
From: C. McD  Read Replies (1) | Respond to of 1570
 
CJ - when I spoke with CBay at ~2:30 today they said that NASD would be sending the paperwork before COB today, but that trading would not commence until tomorrow. If they got the paperwork today, they could start tomorrow whenever they choose. Since some folks are seeing ANYI in their quotes, that likely means the paperwork went through since it wa basically to confirm to CBay that ANYI was ready to be traded.

The CBay guy said that they will post the first quote/trade, and that will officially kick off trading. Until then, no trading - and possibly no orders can be made except through CBay. They have orders already, mostly buys ranging as high as $22. Those of us who don't have CBay accounts will have to wait until our brokers can place our orders after trading begins, which IMO will exclude most of us from and "cheap" or "easy" shares at the very beginning.

CBay said many of the quotation services will take a few days before they'll pick up ANYI, he said Bloomberg will be a good bet for seeing when ANYI begins trading. Otherwise you can call CBay, but they'll probably be swamped with calls tomorrow a.m. anyway. CBay didn't say anything about their "strategy" and they have no plans to coordinate with Herzog as far as I could tell. The Herzog guys are just waiting fo trading to begin so they can fill the orders they have (mostly buys I'd guess).

Hope that helps - IMO ANYI will begin trading early tomorrow with very light volume, probably at a high price >$10 but <$22. Until more orders can be made things could be VERY volatile and hard to measure, which will certainly make BANY interesting. The MMs appear to be trading BANY very cautiously, they're not filling large orders, which keeps them from getting caught short or holding shares. IMO they know thing could turn on a dime with ANYI -pretty dangerous.



To: Captain Jack who wrote (461)7/7/1999 11:45:00 PM
From: washdeck98  Respond to of 1570
 
Hey CJ,

No, it doesn't give any price info. It is just a blank template that is used for all RT quotes
on Suretrade. I would imagine that they will have prices only after the first trade
tomorrow. I'm still a little in the dark re. the reason we didn't get the green light today,
but have assurances that it will happen before 1:00PM tomorrow. IMO this is better for
us since today was pretty flat for the internets and tomorrow is looking like a big up day.
Many things seem to be working in our favor at this point. I am as excited as anyone but
am having to tell myself to think logically. We have waited a long time for this. In the
unlikely event that further delay should occur I think we should all take it with a grain of
salt. Think of the trials we have been through to this point. IMO Sitra & Yost have been
as forthright as they were capable of, given the circumstances. They made a few
mistakes with the dividend distribution, some things were beyond the scope of planning
like the new SEC regs for new BB issues. They have done IMO a dynamic job of
getting us to this point and I guess my point is lets not freak on them if things don't go
smooth as butter.
I am no expert in the business management arena but it seems to me that we are all in
a damn good position right now and these are the guys that got us here. If things go 1/2
as well as some have predicted I would personally like to fly out there and give them a
big sloppy kiss. No I'm not a homosexual (not that there is anything wrong with that) but
I will be a very happy camper, and I personally believe that even the most positive
outlooks that we have heard could easily be surpassed given the set of circumstances
that seem to be coming together.

JUST MY OPINION

washdeck98