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Microcap & Penny Stocks : KAFE (Country Star Restaurants)
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To: Richard Rose who wrote (617)2/1/1998 9:50:00 PM
From: Harold Feller  Read Replies (1) of 876
 
Hello Richard

Maybe no such thing as a long term investment in this type of
stock. Sort of like a person getting sicker and sicker for two years
and suddenly they are better. I don't think so. The stocks are
in trouble and they resort to floorless debentures. Banks say "no
way". No new money wants to come in with all the diluted shares.
I think that we must go for the bounce. But the whole key to the
market is timing......timing.......timing......and watch what the insiders
are doing because they are getting diluted as well. CHTL is another
that bounced from the sick six (.06). Seems that once they make
a return visit its soon curtains. One thing for sure is that we are getting
more experienced messing in the Junkyard. But it still is a good place
to add a horn to knights of the multhorned table <g>.
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