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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Floyd Bradley who wrote (46)3/18/1997 8:06:00 PM
From: JOHN BLOCKYOU   of 876
 
All American Country Music Grill (CAFE) has not made much of a profit since the beginning. Almost every penny they do make goes right back into building more restaurants. Now they are starting to show less of a loss. The next financial report (due out soon), is expected to be the best one they ever had. Sooner or later all restaurants should make a profit. But, they will probably keep investing more of their profits into more restaurants. But thats OK with me. Taking into consideration all their assets, and the number of shares they have, their stock book value is $1.50 per share. Right now it's selling for .65 cents. This company may take some time to evolve, given the right management, which they may have now. My guess is that this stock will be a $10 - $15 stock in 3 years or less. Good Luck to all.
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