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

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To: caly who wrote (72759)	4/30/1999 10:48:00 PM
From: kendall harmon	Read Replies (1) of 119973

COCO anyone else familiar with this one? An excerpt from the midday market report: Corinthian Colleges (NASDAQ:COCO - news) soared $6, or 45%, to $18.75 following the company's report that it earned $0.25 per share in the most recent quarter, almost double the $0.14 per share consensus analyst estimate, and quadruple the $0.06 reported in the year-ago period. Corinthian is a for-profit post-secondary education company operating 36 colleges in 16 states. Revenue for the third quarter increased 26% to $34.9 million, reflecting a 14% rise in the total student population from a year ago and a 9.6% increase in the average tuition rate per student. Credit Suisse First Boston raised its recommendation to 'strong buy' with a $32 price target.

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