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


To: ChrisJP who wrote (524)1/6/1998 10:21:00 AM
From: ChrisJP  Read Replies (1) | Respond to of 876
 
Hi Dave,

I just off the phone with Schwab again. CAFE is still on NASDAQ, the broker doesn't know why there's no bid/ask, but we're guessing that the bid/ask system can't handle 64ths. I specifically asked if it was bulletin board or pink sheets. The broker said no. Trading does appear to be happening at 1/64 - 3/64, but as you can imagine it's light given the huge spread and the uncertainty of what's going on with CAFE.

Maybe after a few more days Rubin can convert at 1/64 !

Hope this helps,
Chris