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

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To: Charlie Langford who wrote (6692)7/7/1998 1:32:00 PM
From: C. McD  Read Replies (1) of 8798
 
Inst. Buying in WPNE?

I hope this isn't considered riff-raff, but I follow WPNE very closely, and somethings up I wanted to pass on. I don't post often, but this may be worth checking out.

Is anyone here involved with the ~30% run up of WPNE at noon today? If not, looks like institution buying, or "something". From 1 1/4 to 2 1/4 on 150,000 volume over half an hour.

I bought into this at $4 before it went to $6, then back down to below $2. Went long at $2 and $1 5/8. WPNE has the single best internet videoconferencing product on the market. MSFT and Intel have released free competitor versions(Netmeeting), but WPNE's CUSeeMe wins all the awards. With DSL around the corner, it may be worth your while to check it out. Personally, I plan to hold on to this until it gets back up to $6 or its IPO price of ~$9.

My 2 cents.
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