Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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

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To: TokyoMex who wrote (54491)	2/11/1999 4:30:00 AM
From: Tom Latham	Read Replies (1) of 119973

T-MEX, RE:* DRIV * partial copy from the DRIV boards may give a clue to DRIV weakness As one who minimized importance of locked-up share expirations, I must acknowledge now-unlocked selling appears to be compounding DRIV's decline in this unhappy market. In the past few months, sell-offs of DRIV have been on thin volume, while this week's daily figures have been substantial. My conclusion is that some of 5.4 million shares out of lock-up Feb 7 are being sold into this already falling market. Overall decline may even be pushing heretofore locked-in to get liquid, despite lower prices. Be aware that another 7.5 million shares will be unlocked March 10. Depending on market conditions at that time, further price erosion could occur. For this long-termer, a decline into the twenties would occasion serious additional accumulation,

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