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

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To: Triffin who wrote (36887)	12/30/1998 6:40:00 PM
From: JC Money - President of a Loca	Read Replies (1) of 119973

Jim, I understand that part - exact points that NDB's CEO brought out during the CNBC interview. However, what I am MOST concerned is the increase in competition. One of the largest online broker EGRP is still showing negative earnings even though their revenue is one of the largest compared to other ones. Now, what happens if everybody tries to get into the market? If Gunn Allen, Payne Webber or some other big daddio companies tries to get into the market, they will bring serious competition to the slice of pie everybody is holding. Oh, well I don't care! I just want 1 day for the online brokerage firms to stay at the top so, I can get out. I normally don't hold stocks for long (lately no more than 1 day). But, I held TRAC today for some odd reason - I guess I was too steamed up for loosing $$ by buying it at the Intra-day's high... I know not to chase the stock and you should cut your loss when you can but it's harder to actually do it sometimes :) Good luck to you tomorrow.

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