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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: Bad Bart who wrote (1291)	3/21/1998 8:11:00 AM
From: james h. snyder	Read Replies (2) \| Respond to of 5847

to all in the BANY BUNCH.... i'll call monday for my other 2000 shares, 10,000 have already been counted. good investing! j

To: Bad Bart who wrote (1291)	3/21/1998 8:45:00 AM
From: dealmakr	Respond to of 5847

Bad Bart I don't think that any MM would be looking foward to this kind of exposure. When the shares that have been loaned to them are recalled they have a time limet to produce. Usually its 3 days. They will then go after extensions, but a delaying tactic can be invoked. This could possibly add another few days onto the time. If the MM has done this on behalf of a customer, they will have to cover via any and all means. If they liquidate the customers other holdings or whatever. This is a margin call. I don't expect that the MM will be put into any serious financial risk as the price if taken into account is not that great. Will it hurt, yes. As a backup to failure, the funds are protected through insurance required by their listing as a MM with the NASD. Credability wise, I seriously doubt that they would want any publicity to spoil their games as it is too profitable for them. They may take their lumps and move on, which is what we are looking for. Then the company will have the chance to stand on its own merit without getting the financial rug pulled from under them. Legal views on these issues can be murky, as the SEC has a ton of scam complaints for other issues and lack of manpower. I have read though that the SEC is looking at the internet very closely for investigations into fraud, touting and pump and dump on stocks. The internet as it has become the way of the future hasn't defined itself, but gives all people they way to share their investment ideas. In the past how would anyone be able to communicate with other shareholders in the issues that they are interested in or owners of. It is a great forum for these exchanges of ideas and views, just be careful you state them as such. IMO.