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

To: Trooper who wrote (124)	5/26/1998 11:01:00 AM
From: CO	Respond to of 4624

I didn't really see that much selling today. The morning started off with a lot of buys at .16 cents. I think the MM's are trying to get some cheap shares. Cheryl

To: Trooper who wrote (124)	5/26/1998 11:05:00 AM
From: Rory McLeod	Read Replies (1) \| Respond to of 4624

OK. I'm pretty new at all this ... What advantage do the MMs have by doing this sort of thing? I've been looking at the activity and as best as I can tell it's almost 75% buys and 25% sells, but it's still $0.14 !! With over 1 million shares traded today, I would figure it would be at least $0.25 by now. Why do MMs do this? Could you, or anyone, please educate me if it won't take too much time. Even more so, why are there MMs at all?? Thanks in advance. Rory.

To: Trooper who wrote (124)	5/26/1998 1:34:00 PM
From: Lance	Respond to of 4624

John... Your pessimistic attitude is not healthy...Some people bought this at .04-.05 and there will be selling. Do some calls...find out what you can...if you are nervous about this...sell. Thanks...Lance

To: Trooper who wrote (124)	5/27/1998 12:34:00 AM
From: Tod C	Respond to of 4624

Well, not knowing too much about JNNE's shares outstanding or float, I'll relate a possible reason why you may not have seen advancement today. I do not own JNNE, yet. Just observing. Where did most people accumulate their JNNE? Under .10? Under .07? Some of those people were sitting on doubles in just a few days. Some might have wanted to take the profit and move on. A similar thing happened to ICVI last week. On Monday, many people accumulated under .10. ICVI closed at .14. Tuesday morning it gapped open at .19. Virtually all day long it osciallated between .16 and .21 on humongous volume showing a little strength late in the day. Wednesday it gapped up again to open in the upper .20s and never looked back hitting a high in the .80s on Friday before retreating to the .50 on MM games. I wouldn't be surprised to see JNNE have a good Wednesday. This is not a preiction, JMHO. Good luck to you all. Tod Long ICVI, DGIV, INFE PS. Now where have I recently seen this cast of characters posting excellent DD before? This looks famhiliar.