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

To: NASDBULL who wrote (88626)	8/10/1999 9:10:00 PM
From: Ed Swanson	Respond to of 119973

TFSM did crush the analyst's First Call predictions. They had a loss of .26 vs .37. They took amortization of goodwill deduction of 5 million dollars which netted a .37 loss. Revenue growth of 50% is excellent. Also, they are on CNBC in the morning. This should be good. Here is the excerpt from the press release. The Company reported record revenues for the second quarter of $17.2 million, a 50 percent increase compared to revenues of $11.5 million during the first quarter of 1999. The net loss for the second quarter was $7.2 million, or $0.37 per share based on 19.4 million weighted average shares outstanding, compared to a net loss of $7.2 million, or $0.42 per share, in the first quarter of 1999. Net loss for the second quarter before amortization of goodwill was $5.0 million, or $0.26 per share.