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

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To: QuietWon who wrote (51572)2/3/1999 6:22:00 PM
From: hoffy  Read Replies (2) of 119973
 
Here's a play I like very much, SNKI. Very low risk and a possible huge winner when, IF the company goes internet. SNKI has a great brand name for leather goods, wallets, belts etc and also sel mens and womens jewelry and accessories. They have nice revs and earnings. There is a good chance that they are getting ready to announce that they will bring their products on'line in an e-commerce site. This would make the stock explode. Less than 2 million in the float. ALready a profitable company with a brand name and add the internet and this goes through the roof. It may be boring for a while going between 1 1/4 and 1 3/4 but once the news is announced (and it is not a definite) this goes right to 8-10. If no news comes out in the next month or so then you can sell when ever you want probably for an even trade. But with internet news this will make us all very rich.
The website is a rumor but I think it will happen eventually. It's a great opportunity to get into a stock before news and then sell into a huge rally.
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