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

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To: TH who wrote (74107)	5/8/1999 12:08:00 PM
From: Panita	Read Replies (1) of 119973

ASTM - thanks for the info Thurston. I am looking forward to listen to the interview. Could you post a link hear so that we know where to go and listen to it. ASTM like GERN, ENMD and others, is one stock that needs to be bought when it low after a quiet period of no news. I have been adding to my position under $2 lately. I expect that we will see a run to between 6 1/2 or 7 in 1999. The question is when will this happen. This no one knows. GERN, ASTM, ENMD act very much alike. They have big gaps every six months or so on some unexpected news about their progress; then they slowly retrace over a period of months and low volume to where it started. It is a pity that people buy on the gaps and not when they are down. We should be hearing some news on sales in Europe. ASTM recently announced the start of commercialization of the units there. IMHO when a press release is issued that a sale has been made it will be the start of the next big gap. I will listen to interview on Monday hopefully something will be said about sells. With the nets being out of favor a lot of day traders are looking for something to move. Would it be nice if biotechs come into vogue. Last year GERN was sitting at $3and change it slowly moved up to 8 and changed and overnight it open in the high 20's. ASTM could act very similarly move slowly to $6. then bang some news after the market closed and big bang boom we could open in mid 10's. GERN closed under 10 and next day it was at high 20's. So it can happen.

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