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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: fortitude who wrote (44647)	4/26/2000 1:13:00 AM
From: Jim Bishop	Read Replies (1) \| Respond to of 150070

Holy bubba gump, the Crayfish Co. chart.bigcharts.com cbs.marketwatch.com TOKYO (CBS.MW) -- The Nasdaq-listed e-commerce company Crayfish got dumped in Tokyo Tuesday after its biggest shareholder, Hikari Tsushin, delivered poor earnings news on Monday. -- Shares of Crayfish Co. (CRFH: news, msgs), an e-mail service provider, fell 7.5 percent, or 610,000 yen, to 7.5 million yen on the Tokyo Stock Exchange's Mothers market for start-ups. Crayfish is a direct marketing partner of Internet investor Hikari Tshushin, which holds a 40.9 percent stake in Crayfish. Hikari Tsushin on Monday announced it expects an operating loss of 11.6 billion yen ($109.3 million) for the year ending August. The company also announced drastic restructuring measures. Hikari's shares ended the morning ask-only at 17,800 yen, compared with Monday's close of 19,800. Shares have fallen about 92 percent since its peak at 241,000 yen on February 15.