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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Harold Feller who wrote (490)12/29/1997 8:49:00 AM
From: ChrisJP  Read Replies (2) of 876
 
Hi Harold,

2 comments: 1) I didn't think it was possible to short a stock at this low price. and 2) 105,435 shares = about $12,000 -- big deal !

Got any ideas on what the short interest numbers mean if anything ?

The Yahoo! message board continues to attract interesting posts, one in particular copied from the aol investing forums. To summarize, apparently Rubin was very close to closing a deal of some kind, but it fell through. Also, the post claims that they are several months behind paying their leases. Interestingly on the upside, CAFE may have a long term lease on their LV location which the Mirage Resort needs badly. How this all plays out remains to be seen.

Regards,
Chris
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