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


To: MAXX who wrote (88421)8/9/1999 9:55:00 AM
From: SpinCity1  Read Replies (1) | Respond to of 119973
 
Still like SALN with 2.5 million float and 12 month target price of 17

With a Buy Rating

SAN FRANCISCO, Aug. 6 /PRNewswire/ -- The following is being issued by
Preferred Capital Markets, Inc., a member of the National Association of
Securities Dealers, CRD number 10993:

Preferred Capital Markets, Inc., a brokerage firm servicing both
institutional and individual investors with a focus on technology,
telecommunications and medical technology today initiates coverage of
Salon.com (Nasdaq: SALN) with a Buy rating and a 12-month price target of $17.
Paul Brahe has published a research report on Salon.com; Salon.com is an
Internet media company that produces a network of subject-specific Web sites
and a variety of online communities designed to attract Internet advertisers
and electronic commerce partners.
Preferred Capital Markets, Inc. provides proprietary research and trade
execution services on an agency and principal basis for the securities and
options markets. Clients include institutional investors, money managers,
floor traders and high net worth individuals. Founded in 1982, Preferred
Capital Markets is headquartered in San Francisco with offices in New York,
Boston, Chicago and Philadelphia.
The information contained herein is not and does not purport to be a
complete analysis of every material fact respecting any company, industry or
security. Preferred Capital Markets, Inc. and its affiliates make no
representation as to whether any of the companies mentioned herein are in
compliance with the informational reporting requirements of the Securities
Exchange Act of 1934. The firm makes a market in the aforementioned security.
Any statements nonfactual in nature herein constitute only current opinions or
estimates, represent only the current judgment of the author(s), and are
subject to change without notice. Preferred Capital Markets, Inc. (or one of
its affiliates) or their partners, officers, directors, analysts, employees or
customers may have an interest in the securities mentioned herein and may make
purchases or sales as principal or agent of these securities, or their
derivatives, while this report is in circulation. The information and
opinions expressed herein do not constitute an offer or solicitation with
respect to the purchase or sale of any security. Transactions in securities
mentioned herein may be effected only in those states where such securities
are qualified for sale.

SOURCE Preferred Capital Markets, Inc.
-0- 08/06/99
/CONTACT: Hillari Allen of Preferred Capital Markets, Inc., 415-733-3049/