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: Lance who wrote (14602)	11/22/1998 11:10:00 AM
From: Labrador	Read Replies (2) of 119973

UBID -- only 1.6 million shares offered -- to the best customers of Merrill -- lots of 100-300 shares presumed. Offer price at about $14. Only 1,600 people can own a pure play of 1,000 shares -- and that's it. If UBID doubles to $30. MALL is then 0.73 x $30 plus MALL operations of $10 plus $1.50 (after-tax proceeds of sale of 20% interest in UBID) = $ 33. If UBID is a triple, intrinsic value of MALL is then about $ 44. [if UBID stays at the offering price of $14 -- MALL is then a $22 stock] I personally see little downside -- but lots of upside -- guess we'll see shortly.

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