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

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To: cool who wrote (2266)6/4/1998 9:02:00 AM
From: Little Engine   of 8798
 
ACMM has a great shot at short-term gains...

The stock was beaten down yesterday due to a release stating it was in danger of delisting from the national Nasdaq market, because of a reduction in the value of the trading float. It sunk from $1 to .75.

This will make no difference to the stock in the long term, for two reasons:

1) At worst, it will still trade on Nasdaq, only moved to the small cap market;
2) The company has .85 per share on hand in cash alone.

On top of that, the company is part of the growing HDTV industry.

Company profile available at: biz.yahoo.com;

Expect a quick rebound on this stock within a couple days.
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