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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers -- Ignore unavailable to you. Want to Upgrade?

To: Wayne J. who wrote (2)	5/21/1998 11:23:00 AM
From: CO	Respond to of 4624

There seems to be some good steady buying. This is what I like to see, good steady upward movement. Cheryl

To: Wayne J. who wrote (2)	5/21/1998 12:06:00 PM
From: Brad	Read Replies (1) \| Respond to of 4624

Hi Wayne! Just to update a little bit... It sounds like the real estate services program that is currently used by Costco Stores will be expanded to include Costco's full membership of 15 million people. The Costco numbers alone are very, very large. If other mass market retailers get on board, well... those numbers get very "heady." I just got off the phone with ANFS and they are extremely excited about the Costco deal. The great thing for JNNE is they have virtually no further expense that needs to come out the revenue stream from the Costco deal. And this is a recurring revenue stream. It's a lifetime royalty. If I calculate the Book Value of JNNE based on the Costco deal over just 3 years, that's over 70› a share. I just bought more at 11› this morning. Best wishes, Brad