Tokyo Joe's Cafe / Societe Anonyme Message Board

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

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To: pressboxjr who wrote (5736)	6/24/1998 10:17:00 PM
From: Rock_nj	of 8798

TO ALL: Stay Away From GARN. Here's Why... The deal is 10 GARN shares for 1 Aviva London share. Each AMEX AVV ADR is worth 5 London shares. So the true value of the deal is: 75 Cents (AVV ADR share price) divided by 5 = 15 cents Then divide 15 cents by 10 (the 10 GARN for 1 Aviva London share) and you come up with 1.5 cents! Stay Away!!! Anybody who would by GARN at 3.5 cents when it's worth 1.5 cents after the merger is a fool!

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