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

To: BarbaraT who wrote (941)	9/8/1998 2:55:00 PM
From: John Liu	Read Replies (1) \| Respond to of 4624

To All: If any body gets through then one of the most important questions is how is JNNE's finances holding up since most of JNNE's plans prior to the ANFS lawsuit(and countersuit) is funded through the sale of ANFS stocks which would have funded the other operations in place. John

To: BarbaraT who wrote (941)	9/9/1998 12:47:00 AM
From: Tom Dorsey	Read Replies (2) \| Respond to of 4624

Barbara, The selling is not surprising! The most ardent supporters of JNNE who hold a long term core position said they would sell into this anticipated rise... The quote I remember was (to paraphrase... from .04 to .06 is a double). If you watched the tape you saw nice buying at .075 to .08, but then selling at .07 cents. These same folks who sold I suspect bought back in at .05 cents and took there $1500 dollars smiling!!! Who could blame them?? The litigation over hang, and the instant selling limited the stock from any short term move. JMHO!!!! Tom