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

To: If only I'd held who wrote (89203)	8/16/1999 8:44:00 AM
From: If only I'd held	Read Replies (1) \| Respond to of 119973

JMCG is trading at a nice discount. According to the 10q, there is approximately $1.50 in cash and assetts, not including their investment in Optimark, which could result in an additional 1-2 dollars per share in assetts in the coming months. Combine that with the proposed merger, which looks like it will go through, and you will have a combined company with over 5 million dollars in cash, 4 million in discounted assetts, (plus the existing assetts of Fechtor, Deitwieler, which I can't remember now), 5-10 million dollars in future returns from the investment in Optimark and and existing million dollar per year profiting market making, investment banking, brokerage firm. Shew, did you get all that?? 1 x sales for this merger would put JMCG at 2 bucks alone. Everything else is just bonus money. This is just my take on the situation. Do your own Due diligence. I have looked things over pretty carefully though, since I own 22,000 shares of it now at an average price of 1-9/16. I am going to buy more at these levels if I can get them. Consolidation in this industry is coming also.