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

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To: KZAP who wrote (43564)1/15/1999 6:57:00 AM
From: Tom Latham  Read Replies (1) of 119973
 
KZAP--, Good to see another CNGR fan.
At 6 1/8 this is trading right at book value. Big question is did they sell the remaining 122K of INKT on the last run-up.
If they did they should show appx 2.50 earning this Q. If they didn't and they breakeven on the rest of their business they will have earning of 11 million to divide into the 9 1/2 million shares which is appx 1.20 a share............. for a 6 dollar stock ain't bad. Etrade research page show rev growth at 600%
Holding 2k for target of 10. PR firm now doing the story thing to get this out to the street as the co knows of their undervaluation...
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