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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Zeev Hed who wrote (176)10/12/1997 6:03:00 PM
From: Hamid Pourjalali   of 876
 
I appreciate all the comments about CAFE during the last couple of days. For a while, I assumed that the interest was not there.

Most of the recent comments are related to the number shares of common stocks. I had assumed that the market had known about the increase in the number for a while and that for that reason we had the recent negative market reaction. Wasn't the stocks of this company priced around 40 cents at the beginning of Sept.? If the market has already incorporated this increase, then it seems logical to assume that the current prices are good purchase price (just my opinion). I hope that I am right.

Regards,
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