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


To: Rock_nj who wrote (88753)8/11/1999 3:12:00 PM
From: Blue Voodoo  Read Replies (2) | Respond to of 119973
 
I'm out of FPIC for a small loss. Here's what happened: They reported earnings of $7 million this quarter, but if you read their news report carefully, it turns out that they reported $8 million of 'reserves' as profits, which means that they actually LOST $1 million last quarter.

Still, it looks like a good company, and I may well get back in after the current carnage is over.