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

To: SCOOBEY-DO who wrote (1594)	8/20/1999 1:22:00 PM
From: SCOOBEY-DO	Read Replies (2) \| Respond to of 18222

Who in their right mind would be selling today at $0.16? I don't buy the idea that the 10,000,000 from the two acquisitions are being sold. I would be interested to know what ECNC's price was at the time of the acquisitions, but the previous owners are not stupid. They agreed to the acquisitions because they had faith in what Tom is doing. They would not sell their businesses and than throw away any profit that they expected from the sell. ECNC has probably seen its bottom and this momentum should start driving the price back up to a more normal level. Of course, we do have some crazy people that are selling at the low. They will probably start buying back into ECNC when the price is substantially higher. That makes life interesting in the investment world. Scoobey