To: Mike Sawyer who wrote (3403 ) 12/2/1998 10:39:00 AM From: brad greene Read Replies (2) | Respond to of 5847
Mike, Tounge in cheek?......Heck no!.....I'm serious as a crutch. In fact, I will discount my dividend shares 50 cents (off of the $25.00) just to show how serious I am. I'm a serious dude, pal.....I own a Doublecase.......I'm darn near invincible. Anyhow.......It seems to me that BANY stock has been, and will continue to be in the process of placing a value on Anything Internet. I understand that the new folks who have no dividend coming......are looking at the 800k BANY holds......and see that as an indirect way of owning Anything Internet........While the larger block old-timers.....who will have the 1 for 40 dividend shares dumped into their accounts in a week....are looking at BANY to give them an idea as to what they may be worth. What the dividend folks do on the first day.....or second day.....will effect the new stock greatly.....and thus BANY indirectly. The cool part is the fact that there is no way to get any Anything Internet shares......unless they are obtained from a dividend person. The rest of the folks who want to hold Anything Internet shares directly...will need to place their order with a MM for the opening....where who knows what may happen. New folks need to know.....that there is no IPO here......All of the shares are placed.....none offered to the public......none. The public must buy on the opening......the public can't sell on the opening, because they don't have any stock. MMs, Insiders, BANY and dividend people will have stock......I know the insiders will not be dumping....nor will the large block dividend people who I know.......nor will BANY. That leaves the Market Makers and perhaps 50,000 dividend holders shares that may be available at any price. Tight is an understatement, Bubba. I think BANY is the tail wagging the dog at the moment. If you take 24 cents of value out for Doublecase.......the market is saying that Anything Internet is worth about 50 cents per BANY share....which boils down to about $5.00 for an Anything Internet share. That is about 4x sales.......Which is too low. This is why BANY should be going up......and staying up.....the closer we get to trading day......Happy thoughts.....Mike. bg ps. I do expect to hear from people who will want to buy my shares prior to trading.....and I expect most of the large block long termers posting here will also. This is America......and If you need some cash before X-mas, Mike....new papa...big bills.....Just let me know.