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Technology Stocks : Banyan (BNYN $8.75) as an internet play -- Ignore unavailable to you. Want to Upgrade?


To: John J. Riley who wrote (794)4/3/1999 3:07:00 PM
From: Mad2  Read Replies (1) | Respond to of 1006
 
BNYN's core business will be in transition. I see their core software product being a niche in decline with their business transisting to a software support business (tied to MSFT's objectives). Actually it's not all bad, the scarry thing about this company is mgmt's past track record of squandering away market share and technological advance. Currently it's unclear where they're going with switchboard of which the future will be their judge. I've been tempted to pick up some BNYN but actually have been scared off by mgmt's history of being too sleepy.
Good luck, Mad2



To: John J. Riley who wrote (794)4/3/1999 3:53:00 PM
From: Axxel  Respond to of 1006
 
The spinoff increases the value for BNYN, but there is usually selling on the news, look at ZD, for example, but these are temporary selloffs in most cases and it is easy to regain your position after the minor "heart-attack." ZD, here in the low $20's or a break of $20 is a buy...but it crunched from around $28. BNYN may do the same.

AXXel
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