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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 (3435)	12/2/1998 11:09:00 PM
From: C. McD	Read Replies (1) \| Respond to of 5847

Hope BANY holds ground >$.70 tomorrow, Friday should rock when Ticketmaster/Citysearch IPO takes off. The better the IPO market gets, the more "fools and idiots" will find out about BANY's interest in Anything Internet. E-Tek (fiber optics) doubled on its IPO today, but the market is really waiting for a pure internet play like uBid. On days with no news or major events, BANY will lose many of the short term/day traders, and we'll lose a little ground like we did today. But those who hold on can be rewarded when a big events occurs. I see BANY making major movements on the following events: - Citysearch IPO Friday (up if IPO goes well, down if it doesn't) - uBid IPO early next week (" "), more severe than Citysearch - PR announcing issuing of AI shares to BANY investors 12/7 (minor) - PR announcing filing of papers with NASD (big) - PR announcing approval of filing by NASD (bigger) - PR announcing day of start of trading (bigger still) - AI trading begins - very tricky, very volatile, no telling (?!) - A major internet stock trend up or down (down more probable from here) - Unforeseen circumstances (always a killer) - i.e. AI trading delayed for ANY reason Watch out for these events, although by the time you find out about them it may be too late. Would be nice if we can hold steady (or gain a little) tomorrow before the Citysearch IPO on Friday. I plan to hold on until Friday to see how well we respond. It'll be hard to maintain the current levels without a steady influx of good/supporting news. Most important, the BANY "story" has to be believable. AI needs to be valued, and BANY's plans for the AI shares need to be better understood. Otherwise, investors will see BANY as another TSQD, which trades at about a third of its value of DRIV shares. I really think its important for those with the most experience to provide more thorough supporting information to justify a decent valuation for AI, and a nice tie to BANY. Otherwise - pessimists (shorts) will say "BANY should trade at 1/3 of the 0.08 AI ownership, and AI may only trade at $5 (or less) because its not a "real" IPO, with no underwriters, so BANY is only worth $0.13, and BANY's own business has revenues of only $66,000 (?), and is just now filing with the SEC." I know it sounds harsh, but TSQD went from >$7 to <$0.50 because nobody could nail down how well DRIV would do before the IPO, and nobody could justify TSQD having any value when DRIV was trading at ~$5. AI is a great story, so is BANY. I think its a risk worth taking right now. But as the AI trading date approaches, BANY has as much chance of hitting $2 as it does $0.20 IMHO. Lets all hope we hit $2 first. Good luck. BTW, check out the volatility on TSQD: tscn.com The IPO was Aug. 14, the biggest spike to >$7 was when WCAP went to $13 the day before the COOL IPO. Then, when COOL flopped, so did TSQD. The day of the IPO TSQD dropped from $5 to ~$3, and down from then because the IPO market was terrible. Here's to hoping for a continued good IPO market. FY - I see BANY comparable to TSQD at ~$2-3 before the DRIV IPO. Very capable of going up 100-200% or more. If IPO market is good, BANY can easily outperform TSQD.