Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: FawnVu who wrote (1223)	7/30/1998 5:31:00 PM
From: george saintonge	Read Replies (1) of 119973

FawnV...check out TAVA thread...but also think about it..1 7/8 up to 14 7/8 equals $13 rally...now 9 5/8 dollars down to 5.25...equals 74% retracement off high...retracements usually run .25 , .38 , .50 , .62 , .66 , and sometimes even .75 percent...if they want to sell it to me at 5.25 or 5.38 tomorrow I'll be there...a guy on the tava thread just put up that he thinks they'll earn 1.10 per share next year...I will chance it and buy a stock at 5 times next years estimates when the market will pay 53 times KO's earnings today

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