SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : KAFE (Country Star Restaurants)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James A. Nelson who wrote (629)2/3/1998 12:47:00 PM
From: ChrisJP  Read Replies (1) of 876
 
James,

The news is now on Yahoo! Until the terms of the purchase is announced, we won't know what the stock will do, but this is what i think:

The Yahoo news story says CAFE is worth $10M. This is probably what Coventry is going to pay. If there are 100M shares outstanding this computes to .10 per share !!!!

Not bad considering it still looks like it's trading for 3/64 !!!

Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext