SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?


To: dealmakr who wrote (3183)11/12/1998 9:34:00 AM
From: brad greene  Read Replies (2) | Respond to of 5847
 
Hey David,

Interesting dynamics......BANY weak yesterday. I think it could be the realization that the BANY shares bought now do not carry the dividend.......So you have a luggage company doing $20,000 a month in sales...with 9 million shares outstanding.

Overpriced?

Look at the prospects of Anything Internet doing $300,000 per month and 3 million shares outstanding.......and you would have to say...."It's the dividend, stupid"

Nope!......The dividend was 1 for 45.......But BANY has, or will have 1 for 10 shares of Anything Internet. At $ 5.00 per share, BANY will have an asset on the books worth $4 million.....or about 50 cents per share.......Anything goes to $10.00.....and BANY goes to $1.00.....and the Doublecase franchise is still free....Dell and everything.

So the real dividend is still in BANY stock.....in the form or 800k of what could be a rocket.......

I don't think folks have fully factored this stuff into the stock. They may not....until the Anything stock gets a few days of trading behind it. Value time?

bg