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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect -- Ignore unavailable to you. Want to Upgrade?


To: Fli-by who wrote (763)8/3/1999 11:07:00 AM
From: Jorjenzak  Respond to of 18222
 
I HATE 'em but does not good to watch what they are doing. I know what they are doing and they will continue as long as they can. I hope Tom sics Shawn and the SEC on them as that is the only way to get their attention and get them to shape up a little.

Here is an excerpt I thought was interesting. Thrust of the argument appears to me to be that advertising revenues will not do it for I-net companies, unless you are HUGE, and that those with a plan to profit in other ways off the I-net (ECNC has a way!!!) will be the new leaders to emerge:

As the realm of Internet advertising is defined, it is slowly losing its appeal. Only the largest portals have the reach that allows them to charge the necessary dollar amounts to support their business infrastructure. As is the case with all businesses, more and more money is gravitating toward the leaders. The typical scenario on the Internet, however, is that one person comes to market with a fee, only to see a competitor give the same product or service away a few months later.

The Internet is still uncharted water.
I suspect that at some point, a company like CBS or MSNBC, for example, ties up advertisers to a lucrative television-advertising contract (still the traditional and more effective form of advertising), and includes as a bonus, for free, a significant amount of Web banners. The Internet is still uncharted water; in fact nobody has all the answers, and in the words of a current Internet chief executive, the successful companies can only hope to identify all the right questions.

I think the big question that an investor has to ask is, where else is this company going to generate its revenues? If you can't come up with that simple answer, you may want to find a different parking spot for your money.



To: Fli-by who wrote (763)8/3/1999 11:13:00 AM
From: Jorjenzak  Read Replies (1) | Respond to of 18222
 
Some NICE blocks getting bought up today. ALL trades I am seeing are at the Ask....hmmm....apparently the float is not dried up at all.

OKAY folks....who is holding out and not getting their certs like a loyal ECNC long term investor???!!! :) Seriously folks....it is the best strategy we have. Think about it. So long as your street name shares are out there for the MM's to lend and borrow against the shorting will continue...it has a life of its own now and will not be broken easily without extreme pressure. TOO much money at stake for it to go away easily. JMHO.

Last 10 trades - ECNC
Time Price Volume Exchange Info
11:04:31 13800 OTC BBS at Ask
11:02:22 15000 OTC BBS at Ask
10:57:54 25000 OTC BBS
10:48:09 700 OTC BBS at Ask
10:43:26 2000 OTC BBS at Ask
10:42:38 2000 OTC BBS at Ask
10:35:34 16500 OTC BBS
10:33:04 10000 OTC BBS at Ask

Nice blocks....lots at the Ask. btw....omitted the trade price for Ron M. :-)