KAFE (Country Star Restaurants) Message Board

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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: james d. hargrave who wrote (113)	8/10/1997 7:39:00 PM
From: wfrazee	of 876

J. Hargrave - Have held on to my shares thru the ups and downs. In hindsight, I could have sold and bought back and made some nice profits; however, I didn't see it coming. At any rate, I averaged down and bought several ,000 more shares at .25. Althought I'm not a trader, this stock sure has trading possibilities. Seems like it tracks between 3/8 and 7/16. If you use one of the super discount internet brokers, you might be able to make a few $$$ trading in and out of this stock. I don't see this stock going to $1 anytime soon. At best, only the Hollywood restraunt is profitable. The Vegas restraunt hasn't gotten the traffic yet that we've hoped for. I understand there are some casino's building near by so in the long term, things might inprove there but now one wounders if the vegas crowd is interested in a Country theme? The next thing to move this stock will be either the company reached a settlement with creditors or did not. If it does, then expect a small price increase, if it does not, then you'll probably see .22 or less (IMO). I don't think this stock has enough visibility to be effected by the January Effect.

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