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Re: jarta post# 1299

Thursday, 11/02/2000 9:00:40 PM

Thursday, November 02, 2000 9:00:40 PM

Post# of 3109
ricky, chris and midas - I don't feel bad about selling out about half of my holdings because of Evans. I did it because I was thinking that everyone else was going to do it (also it was too enticing to pass up about 300% in two days) and drive the price down, not because his article it meant anything to me. We sat at about $0.50 for months until we started to spiral at the end of the summer. I think with relisting we are justified at $1-$1.25 price (if $.50 was a real indicator in the past).

I do feel bad in the short term for the people that panicked not on what it thought that everyone else would do, but on the "fear" of the details in the article by Evans.

I thought that at $2 we were moving too fast for not having any revenues, a merchant list or an eCashpad in our hands. The mentioning of SUN seemed liked a cheap gimmick to me by ECNC, but not misleading. I will get back in to my old position or higher in the next few days. I'm betting on a drop off in price tomorrow morning and I think that we will sit in the $1.00 to $1.50 range until after Comdex. I think once we the eCashpads are issued, we get a merchant list, a second MM for a bid and ask and it is seen at Comdex (hopefully the Radio Queen will start her advertisements although I still can't find a radio station that plays her clips) and another fews ads in the Wall Street Journal, then we could see $2.50- $3 by Christmas and stall until the company accomplishes something (or doesn't accomplish anything)in the marketplace. I could see a lift-off in March or a slow spiral back to $1.

I'm gambling, but I still love ECNC's concept.

Also, when is Comdex? November 13-17, 2000? The 10-Q is due Noevmber 14, 2000? I have a feeling that it will be late, which doesn't bother me at all like it did in the past.

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