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


To: Ronald P. Margraf Sr. who wrote (2902)10/19/1999 11:54:00 AM
From: M Vavolizza  Respond to of 18222
 
Hey Ron - Good Morning -

You are so right; it ain't easy, but if we can just get out of this deep hole, it will be so worth it.

Manny



To: Ronald P. Margraf Sr. who wrote (2902)10/19/1999 11:59:00 AM
From: M Vavolizza  Respond to of 18222
 
By: WallStreetRange
Reply To: 5088 by kkgd Tuesday, 19 Oct 1999 at 11:34 AM EDT
Post # of 5104
Re-posted from R B


Hi Kevin,

Tom is probably aware of a shift in "venue" in the support of some of the traditionals. I'll add for the benefit of the S I that these traditionals just want what is best for eConnect!! I empathize! If there is "hidden bad news" in terms of a catastrophe, then it is hidden from me, and I doubt Tom would hide that from me - especially since I have been "pushing" him quite hard lately. In fact, I really expect good news from down under.

However, once again - let me try to asses (all IMHO) the positives and negatives of our ECNC:

Management needs a major shake up - delineation of tasks under
the auspices of the C E O. Thus, communication between "departments" must be encouraged - no MANDATED!! The OTM should know what Manny is doing who should know what Harry is doing who should know what Jim Wexler is doing. But, you know what, Kevin, this can be remedied in one fruitful day!!!!!!!!!!!!!!!!

Dilution: we need to knock 10,000,000 shares out of the float and keep them out. My guess is this is certainly being discussed with Mr. Grey.

Revenue: 3Q revenue is not going to boost this company, but IMHO WHEN (Tom hates it when I say "IF" LOL) the Clearing House Beta Testing has passed the 30 day test, do you realize the potential for revenue that will be there for us. Think of the exposure to 200 securities firms and how many brokers in each firm who will no doubt receive a memo from their own C E O about this thing called an ePin and this company called eConnect. We are also going to Beta test with the auction. Here is another asset that needs some money to get it going, and Tom is going to get it money.
Can I guarantee this or can I guarantee a rise in price by a certain date, of course not. IBM can't guarantee a rise in price let alone an emerging company. The bb business is not for the faint of heart. The faint of heart need to invest in that stock called FDIC - you know, the one you get at the bank.

God Bless,
Manny

P.S. Do I get faint of heart sometimes? OF COURSE - but I am going to keep plugging away.