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Microcap & Penny Stocks : Eat At Joe's (BB:JOES)

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To: Bill Evans who wrote (255)6/8/1999 8:13:00 PM
From: jeff s  Read Replies (1) of 343
 
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By: rkrk
Reply To: 779 by greene1111Tuesday, 8 Jun 1999 at 6:36 PM EDT
Post # of 782
food for thought.
see if you are able to answer this question. with joe buying koo koo roo's for 1 million and it is worth 5 million what is the net tangable assets of joes at this time. you will find a very pleasent answer.

dilution of stock. remember that the report is estimated. nothing in stone. what if there was a lock out agreement in place. what if it called for the prefered shres to be brought into the market at a higher price and cut down on the number of common shares that would be issued so that the 11 million would only be about 5 million. and at that time what if some institutions where to come in such as the investment banker and bought these shares and agreed to sit on them for a couple years with aditional shares. this would help take up some of the float and the people that have shorted thinking they could drive the price down as there would be new paper coming out and they would be able to buy it cheaper would now be screwed. they will have to buy all these shares at higher prices to put back what they shorted and what does that mean for all us long term holders higher stock price. so all you shorters out there keep on shorting as you are only helping me. as people see what this company has been able to acomplish in such a short time and there is pleanty more to come we will have more investors and with you buying to pay back what you have shorted all us long term holders will finally see our stock go up as it should for a company that is moving ahead like joes is. all you other long term holders like me get what you can at this low price. in my opinion it will not stay this low to much longer. it is time for all us longs to smile and laugh as the shorters and the people that sold at these low prices cry.

eat at joes GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO.

BoardMark MemberMarkIgnore PosterReport TOS ViolationJOES Update Last  29/64 Chg.0 %0.00 Time15:51Detailed | Real-Time

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