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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN) -- Ignore unavailable to you. Want to Upgrade?


To: Michael Cozza who wrote (989)8/1/1999 10:05:00 PM
From: Bob Larsen  Read Replies (1) | Respond to of 1026
 
A possible IPO is part of the reason I got into this stock, besides the fact that I just like to invest in small internet stocks for long time holding because I believe the sector is still in it's infancy.

But besides that speculation, if they IPO the current stock holders would likely receive shares of the IPO before it IPO'd. The only case I can compare it to (only because I'm in my own little world) is BANY and the ANYI IPO a few weeks back.
BANY brought 25% of ANYI (anythinginternet.com) before it IPO'd. They distributed shares of ANYI to BANY stockholders before the IPO.
ANYI IPO'd and shot up to around 20.00 a share before falling. It's around 8.00 now and BANY is back to it's .75 after running up to 1.25 or so around the time of the IPO.

I kinda admit this is a lame comparison, but I believe Beautybuys.com is probably a little bit of a hotter site than anythinginternet, if not a much hotter site. And of course SYBR owns 100% of Beautybuys, not just 25%.

and not to change the subject, but does anyone know if this is the same Synergy that makes those urinal screens I see everywhere. I used to joke to folks that I was gonna find out about that company and invest in it. See them darn things everywhere!