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

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To: Gator who wrote (43642)1/15/1999 10:07:00 AM
From: molemania  Read Replies (3) of 119973
 
Gator - Have you looked at GBFE's financials. Who told you that 4 to 10 is the buyout range? Why would DIS pay more than $1 when they could wait for bankruptcy and pick up the assets much cheaper. The only reason DIS is thinking about a buyout is because it might be cheaper than letting GBFE default on it's loan.
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