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

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To: Panita who wrote (23342)	12/7/1998 4:27:00 PM
From: TheAlaskan	Read Replies (2) of 119973

Panita- I think that the price will gap as long as nothing cools down the current (expectation of an ipo) hype. My impression of the company that I got from Spencer Moss,IR is that NAVR management is less concerned with the daily price and is more concerned that they get credit for having a well built company (obviously he is appealing to more traditional long term holders.) That being said they are excited about Netradio, but it is only 1/6th of their current business. Continued rumor of IPO will keep upward pressure. News of IPO filing and date will make it soar. And no announcement of an IPO will stall and tank the price. Management is not naive to this. Think about it. What option is best for their long term holders that have been with this company for years??? I think they will announce an IPO, but I will have my trigger finger ready. I will probably hedge and take some profit taking at a peak tomorrow...NAVR has already proven its volatility, but current pressure is up & up. All those holding shares at 20+ are cheerleading this to the point of hyperventilation. The Alaskan

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