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

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To: Ginko who wrote (36907)12/30/1998 7:20:00 PM
From: JC Money - President of a Loca  Read Replies (3) of 119973
 
I am keeping my eyes on CCEE which doesn't move much but when it moves, it moves FAST. It went up 30% one day when it announced the deal with IBM. Look at the chart and related press releases. You will see what I mean. The company has been in business for a LONG TIME and they have EXTREMELY LOW P/E ratio. The problem with this one is that if you are used to Internet stocks that moves like lightening, you might get bored watching this one. I bought the shares at under $2 and sold it at $3 something but never touched the stock after I got the taste of the Internet and biotechnology stocks. Another one is SYNT. They went as high as as $39 3/4 but lately it's been hubbering at $10 - $11 level. This is one company I just don't understand. Before their "record breaking earnings" news, they were at $13 - $14 level. Even after some good news, it started to sink with no apparent reasons - not that I could see anyways. In any case, I think if you are planning on buying any Y2K stocks, you probably have to have a REAL patience. IF the Internet crashes tomorrow, I might buy some myself. That way I don't have to fight with my ulcer watching the movements on the Internet stocks. Besides, I have a business to run. It's been taking too much of my time lately. I probably could have made more money if I concentraded on my business ;-)
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