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To: C. McD who wrote (603)7/13/1999 11:57:00 AM
From: David L. Wasylenko  Respond to of 1570
 
please educate yourself somewhere else.



To: C. McD who wrote (603)7/13/1999 12:04:00 PM
From: PistolPete  Read Replies (3) | Respond to of 1570
 
Interesting theories, although...

they have little to do with the opportunity in front of us. Starting with the fact that this is not an IPO, moving to the fact that the trading float is microscopic (unlike those internet IPO's that you refer to) and then to the fact that BANY and ANYI own A LOT of each other. Add to this the fact that few people, if any here, even know HOW to short BBs and most of your analysis becomes rather meaningless.

I would characterize this one as more of a revolving door than a back door. Don't know if the term has been applied before, but think about it and you may see what I mean.

I believe that your trading ranges are conservative in the extreme.



To: C. McD who wrote (603)7/13/1999 1:12:00 PM
From: Ken Whiteside  Read Replies (1) | Respond to of 1570
 
CMcD, I've been in with you guys on a couple dozen backdoor plays and you must admit this one is quite different. I've been watching bany longer than any thread I watch, and I'm in on this one. Very loyal following here of people who got in much much lower. Your facts are true, I can attest. Day traders are here big time and shorts came with them. This stock is not immune. Fridays pattern scared me. Up to 1.5 on anticipation then back down to 1. That was your typical day trading manipulation. It will go up and come back down. The biggest question I have is how that miniscule float will react with a loyal following like this. Our normal IPO criteria would lead us to believe ANYI is a loser, after all whose the underwriter? Self Underwritten? This is a first and is getting a lot of publicity. It may trade high but I'ld be shocked if it closed above $20.