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: Kevin McKenzie who wrote (56316)	2/17/1999 12:06:00 PM
From: michael liu	Read Replies (1) of 119973

Yes. Check its chart. Two spikes: One on Dec. and another one on Feb., both of them were able to push its price to $9+. Between last Dec and now, volume up followed by price up, and volume down followed by price down. Strong support at $6. They had an IPO last year at $8. Total outstanding shares are about 6 million, and floating shares are about 2 million. Insiders are still restriced to sell their shares. AOL and Yahoo deals were generated by co. for public attention. A lot of public news coverages past two months. A $50 million market cap is usually hard to get an attention by big online financial news company. But, this company can do it such as covering by bloomberg, etc. Low P/E, 20% growth rate, low debt (virtually none), deal with AOL, low floating, attempting to test 52 week high with high volume. Those are the reasons I bought this stock. Sorry for my poor writing. Regard Michael

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