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

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To: John Liu who wrote (56)4/17/1997 8:42:00 PM
From: Alan Coccio   of 214
 
John, I tend to agree with you that today's drop was primarily due to the surge in coffee prices. In fact, when I looked at commodity prices in the paper this morning and saw that coffee had gained 15-cents a pound yesterday, I thought we might see downward pressure on prices today. We did. That's okay. This is not an overnight play anyway so we just ride it out and wait for the market to recover.

There were only 18 trades in JAVA today and the MoneyFlow number was negative @$20K. We'll see what happens over the next few days and hope for the best. Good luck to you in your investments.

Al
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