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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk -- Ignore unavailable to you. Want to Upgrade?


To: MARTY HOROWITZ who wrote (778)4/11/1999 3:12:00 PM
From: James Randall Ingram  Respond to of 4824
 
To all who have asked about assigning a value to JNNE:

I won't attempt to do that, but i will point out the potential as i see it.

1. Costco deal

When the mess with Amerinet is ironed out, JNNE should begin receiving a little less than $200 average royalty per mortgage agreement. The Amerinet program seems to be well-received by Costco members.

2. Amerinet lawsuit

There has been speculation that JNNE will settle for as little as $6 million. Joe Naughton says "No way". Assuming that JNNE prevails and does settle for $6 million and rounding the outstanding shares to 60 million gives JNNE $0.10 a share and a ridiculously low P/E of 5 just from the lawsuit.

3. Kiosks

In a month or so we'll know how much one kiosk in one hotel can bring in. The number won't be heart-stopping. But wait a minute! The agreement is for thousands of kiosks in thousands of hotels.

4. E-commerce

Is there a future for business on the internet? Nah! Oh, sure, i've bought some stuff over the internet; but i'm only one person. What about the millions of other internet users around the world?

5. Does anyone buy internet stocks?....................Does a bear...