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

To: Rory McLeod who wrote (164)	5/27/1998 10:08:00 AM
From: Brad	Read Replies (1) \| Respond to of 4624

Frankel (MM) is still sitting on the Ask. Apparently clearing out stock they picked up back when this was at 3-4›. When they move off, the next step up shows 15›! Best wishes, Brad

To: Rory McLeod who wrote (164)	5/27/1998 10:44:00 AM
From: Tom Dorsey	Read Replies (3) \| Respond to of 4624

Rory, As Brad and others have suggested there are a number of reasons this stock has not gone "through the roof". For starters there are a ton of shares outstanding. While news is good others want JNNE to "show them the money". That will take time. The Costco deal is just being rolled out nationally now. The just announced acquisition is a piece of the puzzle. Once again it will take time for the new team to get its act together and roll out the programs that are only on the drawing board now. As for the trading volume. Look at the log. 100k and 200k buys and sells occurred up and down the log. A three cent move represents a quick $3,000 gain for day traders on a 100k block. IMO that represented a lot of the action that took place. Other trades were people taking their 200 & 300% returns and exiting. Granted a lot more are new players. They represent a new basis in the stock hopefully now at 13 to 16 cents. They will not be as quick to let go of their shares hoping for their two to three hundred percent return. I can certainly understand your frustration, but this is how the game is played. To keep your self interested you might try and play the trading game. Keep a core position (one that you will not trade come hell or high water until the price reaches your target). Take another block, and trade it. Hopefully buying low and selling higher. (gg) Don't give yourself an ulcer trying to analyze a 10 day trend. Again, just my humble opinion. Tom Dorsey