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

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To: Brett Fleischman who wrote (8085)7/28/1998 12:42:00 PM
From: Gator   of 8798
 
WAMA having a nice day. Up 75% to $0.21. Rumored takeover target. Restaurant company (TexMex and Italian), around 40 locations, $40 million in revenues. Fully reporting. Turnaround story, cost controls and operational improvements in place (including closing of under-performing restaurants) should start generating positive income this year. Formerly listed on Nasdaq small-cap, failed to meet minimum listing requirements. Trying to get back on, may do it through a merger. Action today seems to indicate something's going on.

Sorry I didn't bring this to ya'll sooner, but I didn't think it would break this soon.

Gator
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