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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: FawnVu who wrote (531)1/7/1998 8:37:00 AM
From: ChrisJP   of 876
 
Hi Fawn,

No news that I know of. I just figured there would be a January effect on EXSO, as there has been on many other good small caps, that have been beaten down due to tax loss selling and general lack of interest. It appears I was right. I'm hopeful that EXSO management will continue to cut costs and secure new contracts. This will lead to increased profits and a MUCH higher stock price. Perhaps their next quarterly report (late Jan or mid Feb) will indicate their progress.

As for CAFE, have you considered the posibility that this job is just a temporary one for Jennifer ? Perhaps she is an aspiring actress and is improvising on a script given to her by Rubin. We have been hearing the story that there's good news, but it can't be released for one reason or another for 6 weeks now. The "reasons" for the delay get lamer and lamer (Rubin is too lazy ?!?!?!?!?). Too lazy to announce something to make his 20% ownership of CAFE worth triple what he can get for it now ? Give me a break.

I'm mystified as to the motive. if there's no news, why not just say so. If they have nothing but bad news, why not announce it, let the stock price go to hell and then convert the dibentures ? Maybe they're waiting for this stock to trade with a bid of 1/64 for 5 days ?

Try and get Jennifer to level with you. Tell at this point none of us are afraid of bad news, and if there's really no news, we don't mind that either, 'cause then we can stop spending time looking to see if anything's gonna happen with this stock.

Enjoy the yahoo message board !
Chris
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