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Microcap & Penny Stocks : Eat At Joe's (BB:JOES)
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To: david stein who wrote (207)2/18/1999 10:52:00 PM
From: jeff s  Read Replies (1) of 343
 
looks like the mm's are still having there fun. just hold on. a lot of good things in the works and this stock wont stay down. planning on buying more tomarrow. if this helps you. i'll try to explain it the best i can. talked to joe tonight. most of the investors dont understand that the toxic preferd that is being converted to commom will not delute the stock as much as they think. the majority of the people that hold the preferred have allready signed a lock out agreement. which means they can only sell so many shares at certain times. the reason they did this is that they believe in the company and are working with them. things are on are side and this company is headed in the right direction and that is why i did not sell when the stock went up. i am holding long term as i believe we will see $5 to $10 when people start to see the value in joes. i believe we will really start to see this after earnings come out and the acqusition is completed. for those of you that are long on joes i once again suggest that you call joe and talk to him. you will see that he is very determined on building this company and share holder value. he has come a long way in a very short time and i expect him to go a lot farther that will make us all very happy.
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