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

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To: Redhook who wrote (79637)6/16/1999 5:23:00 PM
From: blake roberts  Read Replies (1) of 119973
 
FOLKS, the news on PHYC is a non-event.

- PhyCor Inc., one of the biggest managers of doctors' practices, said shareholder Warburg, Pincus & Co., will spend as much as $200 million to increase its stake, giving PhyCor money to reduce debt and buy back shares.

This is no reason for a $6 stock to go up $1 1/2 (23.50%)

IMHO, on 4 million shares traded today,PHYC will give back a buck tomorrow if not more!!!!!

More importantly, the fundamentals on the company are also a joke!!

EPS are (-1.39)

A big downward spiral is ahead for THURSDAY,sell off folks while u can!!!
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