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: 2MAR$ who wrote (63871)	3/24/1999 9:11:00 AM
From: Michael Hardin	Read Replies (2) of 119973

PCNTF romor. Discussions have been begun for PCNTF to be acquired by by: BalkanJoe (35/M/nyc,ny) 1377 of 1400 Qwest Communications (QWST). This morning a friend of mine in Singapore, whom I trust and is in a position to know, told me that QWST approached PCNTF to discuss possible acquistion two weeks ago. PCNTF was responsive to the approach and the talks have led to a scheduled trip of two QWST people to meet with PCNTF management in Hong Kong next Wednesday with a visit to Singapore on Thursday. After spending several hours researching both PCNTF and QWST today, I decided to add PCNTF to my holdings. Even if nothing comes of the Qwest discussions PCNTF looks strong based on fundamentals and growth prospects. I also discovered that Qwest acquired EUNET (a Pan-European ISP) last year so acquistion of PCNTF would seem to be in keeping with its strategic global growth plans. Also, with a $20+ billion market cap Qwest certainly has the acquistion capital to make an attractive offer. I'll keep the board posted as I get any further info.

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