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


To: brad greene who wrote (3296)11/30/1998 2:23:00 PM
From: Roo  Read Replies (5) | Respond to of 5847
 
To Brad, Dave, and Mike -

I direct this message to the three of you because you seem to be the most "expert" in BANY as well as being consistently bullish. I'm familiar with the BANY story, the recent deals with Dell and Ingram, the Air force deal, and now the Cinderella-like, coattail-riding Anything Internet relationship. There's one thing that has consistently bothered me though for the past several months, and though I've voiced my concern on this thread, I have not had a single response, so I ask you three, no, I challenge you three... in your exhaustive DD on BANY, have you come up with any negative aspects of this company that investors should beware of? I'm particularly concerned with the sells I see every time there's any kind of upward movement on this stock. I guess I'm having trouble understanding why people are dumping BANY on such small gains when all the indicators are pointing to a big-time breakout and substantial valuation. I posted my concern before and asked if anyone knows of a site that offers historical transaction information (yes, I miss the old days of daily transaction logs being posted here on SI) where I can go to check my "gut sense" that something fishy is going on against the reality of the last two months trades. I again ask for help with the same request, and also ask that the three of you offer your own opinions as to where the selling is coming from.

In closing, I apologize for the length of this post, and remind you that this is the voice of concern from a longtime shareholder and BANY believer, not a bash or an attempt to detract from the otherwise thorough and congenial DD offered by all posters on this thread. Thanks in advance for your responses.

-R



To: brad greene who wrote (3296)11/30/1998 3:16:00 PM
From: E. M. Edds  Read Replies (2) | Respond to of 5847
 
While I agree with most of what you said, I think you are missing the key, and IMO, most important point. All of the paperwork will be completed and submitted by early next week for the IPO. At that point, AI will be given a time frame for the IPO. Mr. Sitra told me today that when the company is given such a time frame, it will be released in a PR. Finally, all AI PR's will have mention that BANY is a 27% owner of AI.

Therefore, IMO, when the PR is released next week, regardless of whether the IPO is in December or January, the share price of BANY is going to shoot through the roof because it is a chance to get in on IPO profits pre-IPO. In other words, the internet frenzy present today will be reflected in BANY's share price. It will be a week well worth waiting.