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: Bucky Katt who wrote (20501)	12/2/1998 11:54:00 AM
From: Gator	Read Replies (1) of 119973

ISTN is an old favorite of mine. Was in on the IPO at $5, warrants at $0.50 (Westfield Financial Corp was their underwriters). Watched the stock and warrants tank down under a buck, even though the company kept coming out with great earnings reports. Now sitting on some pretty good gains. This company has a ton of cash and cash equivalents (like around $8/share). Either they're going to take someone over, or someone will take them over. That's too much cash to have just sitting around. Gator

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