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

To: TrumpCards who wrote (33)	5/21/1998 11:57:00 PM
From: Steve Misic	Respond to of 4624

TC The upper 20's was $.20, not dollars. The high on the stock was $.75 back in March of 1995. The company lost out on a contract to provide satellite television services to Century 21 Realty, and then Joe Naughton sold the business to ANFS for the 607,000 shares mentioned in Brad's report. I have to give Joe Naughton credit. He could have folded the tent after the RETN sale, but he chose to fight another day. I think the combination of Patrick Rost and Joe Naughton will be a force in the information technology business going forward. Both of these guys have many contacts from the past that will join them as events unfold. Congrats to all new shareholders. A long timer holder, Steve

To: TrumpCards who wrote (33)	5/22/1998 12:07:00 AM
From: Lance	Read Replies (2) \| Respond to of 4624

Sorry...I should have explained.. When this stock was in the .28-.35 area, it was recommended by a newsletter and all hopes hinged on JNNE getting a deal with C21 for their Television services side of the business....Hughes ended up with the contract...the stock tanked and JNNE sold of this division to Amerinet and received in part 15% of Amerinet. Amerinet was started by a couple people that owned one of the largest C21 franchises on the west coast. Very wealthy and heady individuals. This was JNNEs' saviour as JNNE hooked up with Royal West and put together a program involving Amerinet and Costco. JNNE receives a 50% fee on each mortgage contract. I have read that this is a lifetime deal. Anyway...If Costcos' numbers are correct and their mortgage loans go from 3 bill to 30 billion, JNNE stands to add 12 million dollars in income to bottom line. No one until now has realized the extent of this. Costco is preparing to roll out across America. They already have the program in place in certain areas...my area..the Pacific Northwest is one already in place. I'm sure that JNNE will try for other clubs such as Sam's Club...down the road. Without anything more other than their current Community Marquee business (info service boards placed in Universities, airports, etc) and this Costco deal...1999 (next year) income is expected to be 12-14 million..providing Costco has the estimated revenue increase...and with 38 million shares outstanding the EPS will be above .22 and in 2000 above .34. Take the industry PE which is 20-40 and multiply that times the eps and you will have an estimated share price. I get $4.00/sh plus estimate for next year. This does not include like i say...any new business they add..(and they are planning an acquisition soon) plus any other mass merchandiser club they may strike a deal with for the mortgage program. JNNE has virtually no debt. Very cagy moves which involve little cah outlay by JNNE with huge potentials. If the share price gets into the $3-$4 range next year...NASDAQ lisitng is very possible. JNNE has also stated that they will be a fully reporting company by August...a big move for an otc:BB stock. I've looked at this backwards and forewards...talked to Patrick Rost several times and Jones Naughton himself who always told me over the last several years that he will do what is best for increasing shareholder value. I believe (like everyone else lately) that this will be a big winner in the next year or so. Look at the volume lately...from several thousand shares a day to 3-6 million shares traded in the recent days. Newsletters will be picking this up with strong buy recommendations. Costco members are very loyal and the Costco in my area does a huge business. This move of JNNES' tied into the mortgage loan business and Costco is a huge feather in their cap....and feathers this large tickle me a whole bunch! Regards.... Lance