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

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To: TokyoMex who wrote ()	11/12/1999 1:43:00 AM
From: coissant	Read Replies (1) of 119973

bullseye!!!!!!!! NTERNET STOCK REPORTER This webpage is dedicated to analysing web based stocks so you can make an informed decision and is focussed on: Undervalued stocks Unknown stocks Stocks about to explode SCANSOFT (SSFT) READ THE FACTS FORGET THE HYPE Today I witnessed what it is really like to see a share price increase by dollars in literally seconds. The stock was SSFT a maker of digital scan technology. Yesterday the company made news as its technology will be used by Microsoft and rose 113%. Today it announced a deal with HP the shares rose over $4, or over100% percent, to 8 19/32 on volume of 12 million shares, this was over 250 times normal volume. Momentum on this stock was high. What signals this stock out was that the hype was and is real. The scansoft software lets users share documents with more than five million JetSend-enabled devices such as scanners, printers and digital cameras, simplifying interaction between the devices. In after hours trading the shares again rose to 8 13/16. This could be an indicator of continued but subdued strength tomorrow. We anticipate continued upward movement in this stock tommorrow. Many investors were only able to buy in at $7 and saw the shares steadily rise to 9 15/16 before day traders pulled out sending the stock to $8. The stock bounced off this level in the last 10 minutes of trading to rise to 8 and 19/32. As I write the shares have again gone up to 8 7/8 (instinet). This last gasp of trading indicates that the share is inherently strong. In fact if we put some kind of "internet rating" on the stock as its scan technology has communications/ internet implications I have seen far worse stocks generate a valuation of $30 to $40. We think management should reposition the company in the internet field. Scan technology as anyone who has used it will tell you has massive opportunity, by avoiding the costly re keying of data (words, pictures, figures etc.) but is notoriously hard to use. We see Microsoft and or HP leveraging the technology so that all printers will also be scanners (Other hardware companies could follow suit and also license the technology). With hand held scanners now costing as low as $19.99 we see millions of scanners in homes over the next year. Given this analysis we can understand why there should be keen interest in scansoft particularly in the medium term. The massive increases two days in a row has propelled this share into the national press and bought it millions in free advertising. We would like the company to better manage its PR and explain the benefits of its technology so that we can better evaluate the company's worth. Tomorrow we expect a strong opening, if the price can pass $9 1/2 we see the next upward resistence line at about $14 1/4. and a possible close if that happens as high as $18. It is critical that the share passes 9 1/2 fairly early to interest the day traders who will provide the liquidity to propel the stock. Finally we expect further licensing by other hardware companies which will generate further interest in the stock. For more on SSFT read Go to CBS coverage For more about jetsend see Go to HP article

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