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Microcap & Penny Stocks : KAFE (Country Star Restaurants) -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (373)11/19/1997 2:19:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 876
 
Well Chris, are we there yet? convince me.-seriously, why should I buy this stock,besides the price being right<g>.TIA
Kenny



To: ChrisJP who wrote (373)11/19/1997 2:22:00 PM
From: Zeev Hed  Respond to of 876
 
Chris, I have not watched this one closely for a number of weeks (as I have explained before). Unlike EEXSO thathad a business that I could guestimate a value for here I cannot even do that, I know not waht is the value of two restaurants devided among about 100,000,000 shares (by the time the conversion is finished, possibly even more, let see, If I remember, the Rubins, held together some $9 MM of the floorless, so at 3 cents a pices this comes to about 300 MM shares? I am not willing to touch this one despite the fact that it has potential for a tripple bagger. The bid size is still much smaller than the ask size, as I said about a month ago, this might very well be a basket case.

Zeev



To: ChrisJP who wrote (373)11/19/1997 2:49:00 PM
From: Harold Feller  Read Replies (1) | Respond to of 876
 
Afternoon Chris;

I also was covered at 1/16. MM's have a lot of stock to sell now.
I am confused with over 7MM Vol. with little sells. MM's accum.
a lot of stock at 1/16. But then again they also did at 3/32. Frank
can see better than I. What the hell, try for 1/32.