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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: BigDaddyMac who wrote (4036)10/30/1998 10:17:00 PM
From: Ellen  Respond to of 9391
 
Just a note of possible interest.

From: ljx.com

John Warden, Microsoft's lead attorney, hammered away at America Online for a second day. Warden tried to show that AOL was not a hapless victim but a cunning operator that played Microsoft off against its rival Netscape.

AOL has that other legal battle going too.



To: BigDaddyMac who wrote (4036)10/30/1998 10:26:00 PM
From: heatseeker  Read Replies (1) | Respond to of 9391
 
With this court decision, AOL would seem to have every reason to settle this with BNEZ out of court.

Let's see, with just a $1MM settlement, that would provide cash per share just about equivalent to the current $0.32 share price (assuming about 3MM share oustanding). With $10MM settlement......Wow!!!! But seriously, how about a few $MM of PMA ads on AOL. That could do wonders for PMA sales.



To: BigDaddyMac who wrote (4036)10/31/1998 3:12:00 PM
From: Leroyt  Respond to of 9391
 
In all seriousness, Given that AOL didn't get a summary judgement, do you think that AOL will tend to settle the case. If so, for how much.

Stock price decline since then is about ($1.70 * 12 ) * 5 million shares = $100 million.

Notes: I'd guess there are about 5 million shares outstanding right now and the price of BNEZ at the time of the misquote was $1.70 (before the 12:1 reverse split).

I'd say BNEZ ought to settle for a cool $25 million (i.e. $5.00 per share).

Seems reasonable to me!! (LOL)

later, leroyr