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: clutterer who wrote (17948)	11/28/1998 7:32:00 AM
From: Rande Is	Read Replies (5) of 119973

NM might be an OK stock, if it did NOT have so many newsletters touting it. Newsletters charge fees to promote stocks. So this smacks of corporate sponsored hype, which often ends in disappointment. Joe Copia once said that when he starts getting lots of newsletters touting a stock, he shorts it and is correct 85 percent of the time. That says a lot. Website looks capable, but shows little that will capture the nanosecond of attention surfers will give it. Needs lots more stuff. The fact that NM is on NYSE, makes it a harder play for ridiculous gains, as we have seen in other internet stocks recently, in my opinion. This is due to the fact that for each share bought, one must be sold. NASD MMs play a key role as a sort of buffer for trades. With the internets, they eventually side with the stock, which "allows it to run." Whereby NYSE stocks move differently. I hope that NM becomes the next AMZN, and that all here make huge profits from their venture. But stay realistic in your predictions and targets. And above all: Watch that you don't start to believe your own hype. In other words, stay objective. Best wishes. Rande Is

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