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Microcap & Penny Stocks : Allnet Services.com Corp. (ANSC) -- Ignore unavailable to you. Want to Upgrade?


To: Forest Gump who wrote (1044)4/22/1999 5:38:00 PM
From: vasco soares  Read Replies (2) | Respond to of 1468
 
Hey Gumpy, I had to leave for a few days, but I'm back. Nice to see my prediction has come true. Sure am enjoying the ride down, try to hang on...OH wait was that a Quick news release by the company, shoot they are faster than a speeeding bullet. What news release will ANSC annouce once the price is down to $2.00 ?????



To: Forest Gump who wrote (1044)4/23/1999 10:08:00 AM
From: David Montgomery  Read Replies (1) | Respond to of 1468
 
I was watching CNBC on Tuesday or Wednesday (don't remember which). They had an interview with the CEO from an outfit called BIDS (bid.com or something). They're a Canadian outfit that previously traded on the Toronto Exchange.

At any rate, their business is similar to ANSC. They have an internet auction site, but the bulk of their business is currently through "snail mail" wholesale channels. Basically, they keep both avenues open. I checked their earnings over at Yahoo. Earnings for TTM are ($0.52) on revenues supposedly between $15M and $20M. They opened at about 16, went to 8, and are now going up (about 9-10 now).

We've got to keep bugging Merhab to get the financials out. If ANSC is almost profitable (or, hopefully, slightly profitable) on revenues of less than $10M, they ought to be worth at least as much as BIDS.