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

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To: Ron who wrote (57837)2/23/1999 4:32:00 PM
From: Tom Latham  Read Replies (1) of 119973
 
***NAH**** New American Healthcare, slaughtered today down to ** $3 from 7 7/16. Forcasting a 6 -10 cent loss first Q this year and reduced earnings for '99.

Shares outstanding 17mil
Float 4.9 mil
52 wk Low 7
52 wk High 13 1/16

BOOK VALUE 5.09
This is hospitals and real property mostly, look for them at this point to start selling pieces or sell as a whole. Do not think this will stay here long an will try to get a holding position if it does not jump over 1/2 at the open in the morning.
Other hospital chains already with administrative operations can incorporate this co and save a million dollars a year in admin.
No position here but watch closely tomorrow the open...
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