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

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To: SpongeBrain who wrote (27473)	12/14/1998 9:42:00 AM
From: stockvalinvestor	Read Replies (1) of 119973

MILB a hidden internet play starting to move today. Reasons to buy: - The stock price is moving in positive direction and broke through the $3 barrier, an interim high the last few months - The stock made 9 cents last quarter without a full quarter of internet sales; bamm lost money last quarter - float is very small and shares are limited; as profitability continues to increase, shares will become less available; at some point the share float will need to increase due to demand in the future - The price is less than the book value of the company - Baby Boomers children are a large segment of the population - Revenues grew by 20% from quarter to quarter - Insiders continue to buy shares without selling any stock - Stock repurchase program shall limit the downside and enhance the upside price movement - Company has cash flow to expand their business - Potential future takeover candidate - Price target for milb within the next 6 months is $10 IMO and that may be conservative; 2 bagger from here

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