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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: MoneyMade who wrote (7426)7/13/1998 9:28:00 PM
From: Trumptown  Read Replies (1) of 8798
 
Any Opinions on this one - TWHH

TWHH provides a broad range of home health care services and products
with operations in the U.S. and the U.K. TWHH offers mail-order
pharmaceuticals, medical supplies, respiratory therapy, nursing,
infusion therapy and other services. For the six months ended 3/98 (vs. six months ended 4/97), revenues rose 83% to $75.1 million. Net loss totalled $248 thousand vs. income of $1.4 million. Revenues reflect recent acquisitions. Loss reflects an unfavorable change in the product/service mix.

Book Value $5.60/shr

closed today (strong) at $4 7/8

- Stock has been in a tailspin since beginning of July
- Recent PRs document sale of their nursing division only
- Persistent rumor of a $10-$11 shr buy out this week (some yahoo on Yahoo!)

Bottom line: health care has been on the skids...fraud, losses...etc

This one good for a "dead cat"? If the rumor is true, tomorrow should be big!

SR
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