KAFE (Country Star Restaurants) Message Board

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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: FawnVu who wrote (653)	2/10/1998 8:28:00 PM
From: ChrisJP	Read Replies (1) of 876

Hi Fawn, I still think there are more shoes left to drop here and I got the feeling exrubinfan did too. I can wait another week or 2. The way I look at it, with the reverse split, the bid/ask will be 19/32 by 5/8. Before we could only sell for 5/16 (10 times 1/32) now we can sell for way more, almost what we bought for (assuming you were buying at 1/16). I can wait because in the absence of news, I think it will take a week or so before the stock drops down to what used to be 1/32. In principal I do not like reverse splits either, but we're still waiting for COVN to say how much they're paying for CAFE. Regards, Chris

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