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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: Popiye who wrote (2990)10/8/1998 9:04:00 AM
From: brad greene  Read Replies (1) | Respond to of 5847
 
Popiye,

I think we are reading the same book.

Keep a little powder dry.....as the good stuff is just about to come down the line. You know.......the $300,000 per month sales for Anything Internet is a number that is several months old. By the time we have trading of the stock.....it may be quite a bit higher.

Numbers to keep in the back of your mind......

3 million shares of Anything Internet to be issued.....about 250,000 to be placed at the IPO.....the rest are already accounted for...to BANY, MMs and Anything Internet insiders. The idea that millions of shares must be sold to the public (in a crappy market environment) is just not the case.

If Anything Internet can show that first year sales will be $5 million+....from $0.......then even at $5.00 per share.......Anything will be valued at 3x sales.....or less.

Most similar rapid growth internet storefronts are valued at 6x to 8x sales. The bigger ones even more.

This is what is so gosh darn interesting to me........the numbers and valuations.

Assuming the rest of the stuff falls into place.......I think the BANY book will be climbing the bestseller list.

bg