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: Kevin McKenzie who wrote (13038)	11/18/1998 9:46:00 PM
From: Trader J	Read Replies (1) of 119973

Kevin: I doubt that many will be running these same numbers. The only ones doing any calculations will be those trying to valuate, in net terms, what they have in their portfolio. Net stocks are not about valuation, not even in the slightest. It is all about money chasing money, nothing else. Valuations where none exist are impossible to compute. By therein lies the beauty. The big wigs have stopped trying to justify these lofty valuations and just advise that the faint of heart stay away. Meanwhile, we push and pull these issues left and right. The smart win, the greedy lose. Hype and promises of an unclear future drive these issues, and little else. Again, therein lies the beauty. Good luck TJ

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