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Microcap & Penny Stocks : JAVA: Food Concepts, Inc.

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To: Beermeister who wrote (53)4/16/1997 6:03:00 PM
From: Alan Coccio   of 214
 
Today's numbers (4/16/97):

Open: .117
Hi: .117
Lo: .110
Close: .110
Bid: .105
Ask: .112

Total trades: 13
Total volume: 94,100
MoneyFlow: negative $4,469

Largest trades: 25,000 shares at .110 (15:01) and 19,000 shares at .115 (14:16)


Daryn, you sure ask some difficult questions. The difference I see between this and many of the other "pennies" is that this one appears to be a real company with a real product and actually making profits. You and I both know those three things are rare in penny stocks. Whether or not we will see the price we want depends on the interest generated by the company and by people like us. They can be a great company but if they operate in a vacuum the stock price will go nowhere. It appears they are seriously trying to let the public know about the company - for now with the series of radio programs touting their company and its stock. You mentioned NIAR. I also played NIAR and got a double out of it. The point is that you can make money even with a company like that (many questions dangling above their heads) if you play the momentum and get out while the getting is good. I don't compare NIAR with this company in any way, shape or form. This one has SEC filings that show precisely where the company has been (in the toilet) and where it appears to be going (to a real and profitiable company status). How long till we see a price rise? I wouldn't even try to guess. However, I'm holding and will wait to see what happens. I don't expect an overnight double or triple but I will expect the price to start increasing with the release of their third quarter financial statements. Let's see what happens....

Al
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