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

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To: NASDBULL who wrote (17219)11/27/1998 10:21:00 AM
From: JJMM  Read Replies (3) of 119973
 
I agree. The RIVL bid has to be book value or higher - which makes this price a no brainer. However, I think the reason for the downturn is the company would not disclose terms and hired Montgomery as IB - these could be signs they are resistant to a buyout... at least from this bidder.

I'll be picking up more if RIVL drops much lower.

good luck
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