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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (2646)	3/26/1998 1:40:00 PM
From: BACRDI	Read Replies (1) \| Respond to of 34592

For any interested in internet stocks ready to make a move look at OTEXF. Company has contracts with Ford and Nissan, was just recommended in Barrons on Feb 21. Been following for a couple months, they just announced closing yesterday of 1.75 M warrants at 20.85 placed with institutional investors. Many think proceeds to be used for aquisition in piece that follows. Have a great website at opentext.com......here's a recent article on company. I think ready fpr a 2-3 pt move now. Trading at 19 5/8 x 3/4 now >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Open Text Shares Up On Acquisition Rumors, Momentum TORONTO --Open Text Corp. (OTEXF) have risen 13.3% on heavy volume on Nasdaq, as analysts say there are rumors the company is close to making an acquisition. "I have heard that they are looking at making an acquisition and, if it's the right kind of acquisition, it could make the company significantly more valuable," said Duncan Stewart, partner with Tera Capital Corp. in Toronto. Analysts also say the Waterloo, Ont. company gained a lot of attention when it was mentioned as a cheap Internet stock in a Feb. 21 Barron's article. The stock was trading at about $14 at the time. Investors like the idea that the company has finally become profitable and is set for strong growth this year and next, analysts added. The stock also appears to be moving on pure momentum. "The stock is on a roll," said Mark Pavan, analyst with Yorkton Securities Inc. in Toronto. "People are starting to look a little harder at them and all of a sudden everyone wants to own it," he said. Open Text shares are up 2 3/8 to 20 1/4 on volume of more than 800,000 shares.

To: TokyoMex who wrote (2646)	3/26/1998 2:05:00 PM
From: Allen Sampson	Read Replies (1) \| Respond to of 34592

T Mex.. have to laugh at the great disclaimer, but it's a sad and ridiculous day when you need one. These short termers MW, Skeptic, Kumacap reincarnates? Keep it up. Regards Allen

To: TokyoMex who wrote (2646)	3/26/1998 2:23:00 PM
From: CommO	Respond to of 34592

Off Topic, Joe, just a visitor to S.I., but a long time lurker. To those who lost this morning, some of these stocks move so quickly that you really have to stay focused on what you are doing. You can't place an order, check on it 20 minutes later and see what happened. You have to be glued to the real time quote giver and get out when you have reached your desired gain. To Roger, sorry but sounds like you lost some money on one of Joe's suggestions. Take it as a learning experience and don't play if this quick in/out is not your style, it is not mine. Just don't blame others for your bad timing. *****Joe, is E-Trade on the Island/Watcher system as mentioned in the article in Forbes. To those who want to see the site, it is www.josh.com Article in Forbes is about some Daytraders who are making big $$ due to the new SEC regs concerning B/S increments and technologies ability to jump in and out quickly. Interesting reading. I second Dr. Medina's p.o.v. Thanks to Joe and all the others who help each other here. I think you are right about growing into a monster here. If the door to the cafe is open for all, you are certain to serve some who will not know how to appreciate the service and menu. Thank you. Mike.