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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: BarbaraT who wrote (2588)6/4/1998 3:48:00 PM
From: Andrew H  Read Replies (2) of 8798
 
>>The Internet-based staffing and employee leasing services said in a statement that the current stock price is "significantly undervalued." As a result, the company is going to begin a "serious effort to buy back public shares until the problem is corrected." <<

Pardon my skepticism, Barbara, but how much cash does the company have? And if they feel their stock is undervalued at current prices, why were they not buying it a short time ago at .14?

I wish all INFE holders the best, but this smacks of the worst sort of grandstanding to me.
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