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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (10809)1/5/1999 6:56:00 AM
From: myelin2  Read Replies (1) | Respond to of 25711
 
TO ALL: Next great pick after WOOD has exploded to come --> BANY

Great e-commerce story unfolding:
Anything Internet (AYIC) - a computer reseller goes public in January - BANY a computer accessories manufacturer owns 1/3 of AYIC's stock.
Look at the thread to learn all about it.
I follow this company for about six months. Our private investment group covered BANY in the range of 0.7 to 0.78.
Today i will give a general buy recommendation via our investment service VIRTUAL INVESTOR. This service is dedicated to the German speaking community:
erlangen.netsurf.de

Three arguments why we recommend it:

1.) It's a great opportunity to buy in AYIC for small institutional and private investors who like e-commerce companies - the interest is high.
2.) Sitra Enterprises serves as both BANY's and AYIC's consultant. Scott Sitra specializes in consulting of microcaps on their way going public. The initial trading price for AYIC is supposed to be $5.
3.) BANY trades at around $.75 but owns half of the share size that AYIC owns. So here is an undervalued situation for BANY that should develop a 'weighted close up' momentum (as soon as it becomes obvious that AYIC trades at $5+) to $2+

Manfred Schlang



To: Dave Gore who wrote (10809)1/5/1999 11:21:00 AM
From: musicguy  Read Replies (1) | Respond to of 25711
 
To be fair, that strategy doesn't ALWAYS work, but then, nothing works all the time. QTNT was an anomaly, and I still have some of that crap littering my portfolio. I will take a small shot on NUKE however and forget I own it.......

Cheers

MG