To: Snodog who wrote (1365 ) 11/8/1999 10:58:00 AM From: C. McD Respond to of 1570
Snodog, I see $5 as a likely peak iff there is something exciting before the lock-up. It would really only take a couple dozen new investors given the small float for ANYI to make a big move IMO. The question is whether ANYI will have anything big before the lock-up. The potential is definitely there IMO, but if it doesn't happen I wouldn't be shocked. Two ways to look at it. First, ANYI is on her last leg and without some cash inflow they'll go belly up. Or, ANYI could secure some $, turn profitable real soon, open some exciting new sites, and get some real attention, which could lead to a price much higher than $5. The downside is a total loss, but the upside is virtually limitless from the current price. ANYI can go down $1, or up $10, I like the risk reward myself, especially now that many of the negatives have been factored into the current price. IMO the only negative left is that ANYI does not get some new investment capital in time to save the business. The new Board seems to indicate this could be in the works. Money solves alot of problems. Improving the graphics and functionality of the sites, and the marketing can all be resolved with cash. I have a renewed confidence in the management team since Sitra and Yost left. If these guys lock-up their shares I see this as a positive since it reaffirms that they are in this for the long haul, not just trying to make a quick buck. Yeah, I think ANYI does see $5 before the of the year if they can solidify some new $$$. They could not have gotten new money with Sitra and Yost on board, and in some ways it is to ANYI's benefit that the stock price is so low. VCs like to come in and help cash weak companies so they can get in on the best terms for themselves. VCs want to obtain the largest ownership possible, and they want to be able to get their money back first, which is what the lock-up does. Often VCs also want to put some of their own people on the Board, or in at CEO, which IMO would also be good for ANYI. The only other thing the VCs will want to see is some stability with the stock price IMO. They have to be 100% sure that somebody isn't illegally selling shares from somewhere, Sitra's 700,000 marketing shares aren't a problem, and that Yost will stick to his story of locking up most of BANY's ANYI shares. Otherwise, they could dump a couple million into ANYI, and Yost or Sitra could just run off with it. I also think if ANYI can account for all of the outstanding shares it will make it easier for individual investors to come on board again and push the price higher. It is not acceptable for ANYI to keep saying that they do not have any idea where all the selling came from. If ANYI is still above 90 cents in two weeks, that will at least make it appear that the bleeding has stopped.