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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999 -- Ignore unavailable to you. Want to Upgrade?

To: Elio Madama who wrote (1489)	1/7/1999 11:03:00 PM
From: Elio Madama	Read Replies (1) \| Respond to of 2648

And as last post tonight. Let's see how we are. If BNEZ issued a 504 (One million dollars as working capital once a year). With price at the BIB and with discount 20%, 25%, 30%??????????????? For this example we just figure out 7.000.000 of new shares into MM's hands. Let's said 2.500.000 shorts to cover and everybody getting certificates and 1.000.000 sold between yesterday and today. Total, 4.500.000 shares already in the float. MM's inventory now only 2.500.000 new shares (OF COURSE MORE OR LESS). The good NEWS, once the MM's sell what they have in inventory, if we lucky, the price may start to raise. Also, and I noticed yesterday and today, MM's are covering right away what they sell. So they finish the day "flat". The bad NEWS, by issuing a 504 right now, we are not going to have any RALLY because MM's covered already with cheap shares. Good game for MM's and BNEZ. BNEZ had a MILLION DOLLAR, MM's covered their short position with cheap shares and we are very happy thinking how well PMA will sell in the next 10 years. Of course, if somebody has a better idea than a 504, please, let's us know it. And also, because this dilution, we are going to see about 0.14/0.15 very, very soon. Good night. Elio

To: Elio Madama who wrote (1489)	1/7/1999 11:11:00 PM
From: tRaDiAc	Read Replies (1) \| Respond to of 2648

A company in to compare with BNEZ: GMGC General Magic Inc. A reporting company, negative earnings, only 2.28M in sales, a 60M float voting to 100M shares and what is it trading at? It closed today at 7 7/16 up 1 1/8. Yes it is inet related but fundamentally it is a piece of crap. But they PR and have hooks into M$crosoft. My point is again "popularist capitalism" Now BNEZ with a max of half the GMGC 60M float is .21? Why? BNEZ HAS NO INFORMED PUBLIC, NO INVESTOR RELATIONS <EOM> tRaDiAc