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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (87328)	8/1/1999 1:59:00 PM
From: Panita	Read Replies (2) \| Respond to of 119973

Antonio nice article on you in the WSJ a few weeks back. One thing that is amazing is how many of us are foreign born. Whether you like to play long, or short I think foreigners who already have taken the risk of moving to an different country/culture find the risk of the markets worthwhile. Cheers and Viva USA.

To: Anthony@Pacific who wrote (87328)	8/1/1999 2:05:00 PM
From: TsioKawe	Read Replies (1) \| Respond to of 119973

Correct...buying from cash account..low float keeps getting smaller. Internet portal, nasdaq listed, attorneys...Suggest those on margin purchases change it to cash also.. love this attorney support. TsioKawe

To: Anthony@Pacific who wrote (87328)	8/1/1999 3:13:00 PM
From: Frederick Langford	Read Replies (2) \| Respond to of 119973

it will just implode ( i have no position ) Whew.... Fred

To: Anthony@Pacific who wrote (87328)	8/2/1999 12:52:00 AM
From: Champolion	Read Replies (3) \| Respond to of 119973

I know what you mean... You are talking about lack of liquidity. Well, to be honest, this is part of the rules. Because liquidity is low, it has the potential to go up 10 points on 3M shares traded. So, although the risks with this type of stocks are obvious, their potential rewards are not less obvious. Now, just between you and me, what is the difference between the next IPO that offers less than 4M shares of a business that doesn't even have 1 customer, but a pile of debts; and PCNA? Well, if you are willing to be open, PCNA has been in business for more than 5 years, PCNA has a wide customer base, PCNA is profitable, and PCNA's Internet strategy is as promising as the business plan of all the WebMD's around. That's the difference. As far as I'm concerned, I hope the big guns like you will stay out of the stock. Violent surges are always followed by violent implosions.