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Microcap & Penny Stocks : AppNet Systems, Inc. (APNT) -- Ignore unavailable to you. Want to Upgrade?

To: J. M. who wrote (138)	9/13/1999 8:57:00 AM
From: SJS	Read Replies (1) \| Respond to of 232

Guys, The CEO of this company was on CNBC today this morning, on SQUAWK BOX. I thought he was very unimpressive. He spoke gobbledy-gook when Mark Haines asked him how he would differeniate his company from the many others doing this same type of work. As well, it is NOW apparent that the ANALYST at CSFB who upgraded them did so because the stock has only shown minute gains since going public. As well, it's also because CSFB was the house that brought them public about 2 months ago. So.....clearly the stock was languishing somewhat since it's IPO, but hitting 40 on Friday was absurd. I'd also be careful as insiders and other holders are going to be dumping, as they know that the momentum will fade. And it will. I wish you all the best. I've sold my position into this strength on Friday. Steve