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Microcap & Penny Stocks : NEW WORLD COFFEE (NWCI) IS A STRONG BUY -- Ignore unavailable to you. Want to Upgrade?

To: glen who wrote (1618)	9/29/2000 7:09:20 AM
From: jgideon	Read Replies (1) \| Respond to of 1625

Wow, no posts in the last 10 months. I wonder if anyone still has NWCI on their subjectmarks list? Well, if anyone's listening, I bought in yesterday at 1 9/16. The company is making good profits from selling bagel dough, cream cheese, and coffee to their franchisees. It would be nice to find out how well the franchisees are doing, but that is not on the company releases, and, with hundreds of stores across many states, it's a bit difficult to go ask the store managers. Those here in NYC are doing fine. Earnings should be pretty predictable, in the 0.25 range for this year. Don't see huge growth for them, but they still have a ways to go to convert all their stores to their products. I expect they'll continue to buy up some chains of stores and convert them over in the future. The CEO Kamfar has shown pretty good business savvy over the years, and he appears to have finally worked out how to make money off of this venture - acquisition and conversion. This is good because he never struck me as a restaurant guy - someone into the minute details of running a store. Anyone else have an opinion? jg