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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme
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To: Joe Copia who wrote (3159)6/7/1998 8:45:00 PM
From: wallstreeter  Read Replies (1) of 8798
 
JNNE worth taking a look at. has a royalty agreement with costco. Costco plans to process about 3 to 4 billion in loans this year and around 35 billion in 1999 (which means 21 cents per share for JNNE alone) as Costco rolls out their home loan mortgage program NATIONWIDE. based on a 20 to 40 pe ratio we are looking at a 4.20$ to 8.40$ stock in 1999 from the Costco deal alone and not mentioning any other deals or acquisitions. At a price of .095 this looks like a pretty good risk to take.
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