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

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To: taffard who wrote (64696)	3/29/1999 9:04:00 AM
From: changedmyname	Read Replies (3) of 119973

Barron's text on TDRP: In the arena of really small stocks, we find TearDrop Golf. This is another fallen angel, its recent price of about 4 being less than a third of its peak last year. In late 1997, TearDrop bought Armour Golf and RAM Golf, whose combined sales helped TearDrop's revenues grow to $60 million last year from $10 million the year before. The company's loss of $6 million last year comes largely from a decision "to write everything down," says ParValu's Jackson, and thus clean its slate of excess inventory. The reason some believe this puny company (now valued at $20 million) is worth checking out is a forthcoming infomercial it has in the works to advertise its new Roll-Face putter, staring Fred Couples, one of the best putters on the pro tour. In this funny little industry, infomercials have been known to cause a consumer buying frenzy, and followers of such stocks are well-advised to keep an eye on TV stations' paid-programming schedules. Witness privately held Orlimar, whose infomercial for its TriMetal woods sent sales to $65 million in 1998, up from $1.5 million the prior year. Jason

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