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

To: Nietzsche who wrote (88072)	8/5/1999 1:08:00 PM
From: If only I'd held	Respond to of 119973

Interest rates on the rise, housng sector slowing, management dumping at every opportunity, Korell bleeding the company dry, a whole slew of disgruntled shareholders, 113 million shares outstanding and the company trading at at least 10 times revenues, increased competition coming in every day, the new move to the new plush offices,(which will no doubt cause more one-time charges), and the high probability that there may be some seious shareholder lawsuits in the works. Sorry, but if I were you, I would select from one of the other 10,000 stocks out there to place my faith in. I'm not trying to bash your pick, but FNCM is just one of those stocks that people seem to keep getting stuck in. The stock was never worth more than a buck. It went up on manipulation and that only. It was a stock selling scheme to bail the company out of bankruptcy and to give Korell a quick pile of cash and a couple years of plush living. I say it's junk. But I've been wrong before. 80 million in the float?? You'll need Joe and his band of traders to get that one going just like last time. Unless there is an envelope filled wih cash, I wouldn't count on him. This are just my take on the stock and the company in general. You have to decide for yourself whether it's worth buying at these levels. I'd consider speculating on it if it were a penny stock.