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Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers -- Ignore unavailable to you. Want to Upgrade?


To: Sprintcar who wrote (3581)2/25/1999 5:53:00 PM
From: IRVINESULLY  Read Replies (1) | Respond to of 4624
 
Sprintcar..

>>All this coupled with the recent news by the sec on crackdowns on internet fraud investments and brokers makes ya think.. www.sec.gov has some info>>>

I would hope you were not hinting that you think sec. has info on this particular co.??? None of us are pleased that news was not out today...but that is not unusual...



To: Sprintcar who wrote (3581)2/25/1999 5:54:00 PM
From: J.S.  Respond to of 4624
 
Very telling Sprint,

I guess we all know deep down that what you are saying is true. You know even granting that you didn't care how you made money, the problem is that if the pump and dump is used to unload 10's of millions of newly issued shares than you may even lose money and not make it. ONTV rose for several days and still settled above where it started. Wish that be true for JNNE.

Joe



To: Sprintcar who wrote (3581)2/25/1999 6:40:00 PM
From: Wayne J.  Read Replies (1) | Respond to of 4624
 
Sprintcar,

In my view if you expect any/all plans to happen on a minute by minute timely basis you could be setting yourself up for many disappointing and frustrating experiences in the OTC-BB Arena. JMO!

Keep in mind that JNNE is still a non-reporting company trading under .10 cents per share--there is a long way to go yet before any of us really have a factual idea as to where this saga will take us.

I have been disappointed hundreds of times over the years when I thought that news/ updates would be forthcoming within a certain time frame--and they weren't all from non-reporting penny stock companies.

I try to keep in mind that in most cases any Investor Relations person doesn't get paid to pass out bad news--so to me it would only stand to reason that any verbal communication with a company representative would result in a positive spin. There is nothing wrong with that --that's just the way it is. JMO!

I tend to think that the intentions of JNNE Management is to release some news that will add provide and update as to their current efforts. maybe today, maybe tomorrow--who knows for sure? The news will be released when it's ready to be released!

If anyone really has invested/speculated for the medium to longer term in JNNE then whether the news comes tomorrow or 4 weeks from now--what difference does it really make? The only people that will get disappointed and twisted out of shape in most cases will be the day traders. Nothing wrong with that--it is just the one of many investment/speculative philosophies out there.

Personally I don't like news to be pre-announced because all it usually does is pre-empt a flurry of buying from short term traders--and what is the final result or value for the longer holding JNNE Shareholders--a little disappointment then another patient wait for the next news release.

Let's be surprised--in my opinion let's have some factual developments before we just get a press release for the sake of a press release.

Thanks for letting me express my opinion--I don't imagine it was what most of you wanted to hear but I think patience will reward some of the shareholders at some point--assuming of course that business developments do take place that will be revenue generating activities--hopefully recurring revenue streams. JMO!

Best Regards,

Wayne J.