To: brad greene who wrote (208 ) 3/26/1999 10:57:00 PM From: C. McD Read Replies (2) | Respond to of 1570
I don't know about anyone else, but it looks like AYIC may already be effective. This is how the status of my dividend shares changed in my DLJ account today: Security Description: ANYTHING INTERNET CORP C/C EFF 3/25/99 ANYTHING INTERNET CORP CL A CU# 037351103 Security Type: STOCK Account Type: CASH I don't really know, but that "EFF" looks like its short for "EFFECTIVE", and I can now place orders to buy and sell AYIC with DLJ. IMO ANYI is now effective. All that has to happen is a MM has to be willing to execute the order, and I'm not sure what the MMs need to begin doing this. It APPEARS they may be able to trade, but it is difficult to figure these things out. I just placed my limit orders w/ DLJ to buy AYIC, we'll see if it gets executed I guess!?!? If something has happened with the SEC making AYIC effective it wouldn't be the first time Sitra/Yost were not imediately aware - the day the SEC filing showed up on Edgar, Sitra was still claiming it hadn't been filed to those who called him to find out what was up. I'm not saying AYIC is doing anything wrong or that they're not on top of things, I've just seen some things happen with the SEC doing things first, then telling people later. Anyone have and REAL experience or facts here. This is just my speculation, but something definitely did happen today. I think AYIC has some ability to control the trigger on the MMs, so this may be the week were they'll do the press barrage, and maybe we'll trade by Friday? Who knows, still just speculation, but I do believe AYIC will trade this month, and I do believe BANY will have a very nice runup as people find out about its 26% ownership. Good luck BANY longs, could be a great week for BANY/AYIC.