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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 (502)7/2/1998 9:55:00 AM
From: Steve Misic  Read Replies (1) | Respond to of 4624
 
John,

His track record before the micro-cap meltdown of the last 2-3 years was excellent. Go back and check. After ILT ran from $.75 to over $30.00 in March of 1996, the bottom really began to fall out of the whole micro-cap sector. In March of that year, JNNE ran up to $.75 right before the Century 21 announcement, and fell when it was announced that Silvermann would go with RealNet instead of JNNE.
In June of 1996, IDID made a monster run from $.02 to $2.00, and the SEC announced it would investigate the micro-caps. I believe that is what did in the micro-cap market since then. Also, I believe that as more investors become confortable with options, the micro-caps will fade more. You get the same bang for your buck with options, without the long wait.

Steve



To: Trooper who wrote (502)7/2/1998 5:09:00 PM
From: John F. Poteraske  Respond to of 4624
 
<OFF TOPIC>-Yes-I came to that conclusion a long time ago. Although
I do feel that scms-one of his picks from a while back-could be a
diamond in the rough,maybe jnne also.

Later
JP