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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: TokyoMex who wrote (55574)2/13/1999 1:07:00 PM
From: Trumptown   of 119973
 
",, like IDTC from 10 to 16 ,, " - Hi TM...Ifin I remember correctly...asked you about IDTC at 10 (I was buying)...you said something to the effect of "stick with the prover winners...or whatever...basically no-bid it"...(you must have been buying 'under cover'...hmm<g>)

I was in at $10...and recently stopped out at 15 1/2...back in at low 14's

Anyway...it looks like the biggest move (potentially significant) on IDTC maybe next week...why:

1. Consent solicitation expires 2/17/99 at 5:00pm (well worth a read - even gave holders incentive to finish early)
biz.yahoo.com

2. BT Alex Brown...who has continued a BUY on IDTC and to be vocal has now gone silent...restricted from talking about IDTC...sounds like they're probably involved with the Net2Phone IPO...or some other behind the scene deal...

3. IDTC has been on a heavy PR campaign for weeks...most likely more early next week...

4. Many willing buyers...watching for a move...not to mention the short position...strong support at $14

A 'feelgood rally' in the NASD is likely...worth keeping a close eye on IDTC...

SR
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