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Microcap & Penny Stocks : JAVA: Food Concepts, Inc.
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To: Rich Lytle who wrote (68)5/2/1997 8:08:00 PM
From: Beermeister   of 214
 
I doubt there is any major problems. The stock does have days when it doesn't trade. Every once in a blue moon. I have learned to have patience with this stock. I don't even watch it any more. I am a long term stockholder. In my opinion this company has had it stock value diminished because of releasing more shares and the rise in coffee prices. The fact is, it is the only penny stock I know of that has a profitable company (.004 earnings per share)behind it and is growing dramatically. We just have to hope that they will continue to expand and make distribution deals like they have in the past (Cigar Box, Food Club, along with grocery chains, etc). The cigar box deal alone could generate earnings of .05 per share for the company. The key with this baby is to HOLD. Give it six months, maybe a year, and I am thinking it will go up to $2.00 per share. What I like about it is that it is not well known. Remember that by the time every one knows anything about a stock it is too late. I have been burned on so many stocks in the past that are heavily promoted in the media and on the Internet, I am convinced that the way to make it is find some truly undiscovered stock and then simply hold on. The fact that it is not well known has a comfort level to it. Those that can hold on until it does catch on are sure to make a fortune when it is discovered. I am waiting for increased earnings and assets, and ultimately larger stock exchange trading (Nasdaq Big Board). I will hold on until hell freezes over if needed.
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