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Microcap & Penny Stocks : KAFE (Country Star Restaurants)

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To: Richard Rose who wrote (710)3/1/1998 7:10:00 AM
From: ChrisJP  Read Replies (2) of 876
 
Richard,

You should read the thread. The hype is very strong !!! But apparently the HNLY story has been spread to an "investment newsletter". The story was posted on the HNLY thread.

www2.techstocks.com

Too many were selling @ .60 for my comfort, which brings into question the actual float, given the volume for the last 2 days. I think an excess of day traders were buying and selling to each other expecting the buying to lift the stock in the last hour. That's the only explanation for the price/volume I can feel comfortable about. Your opinion would be greatly appreciated, because I have a buy order in for more. But if the hype is believed and they post the earnings they promise (even though they appear to never have posted earnings), then the stock will definitely rocket PAST $1 ! Where it will settle is another matter.

thestreet.com posted a scathing article on NETZ and it was posted on the NETZ thread. The article expressed the concern which kept me away: I see revenue, but where are earnings ? How many shares are out ? NETZ might be interesting to watch, in a perverse way, tomorrow too.

Good luck and best regards,
Chris
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