Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RCJIII who wrote (5858)	4/10/1998 11:58:00 AM
From: musicguy	Read Replies (1) \| Respond to of 34592

ya know RCJ, when you put it like THAT... I feel even MORE confident/optimistic/hopeful that we have a nice INTK ride early in the week.... any ideas of where there might be further resistance once we blast past 1 1/4?? MG

To: RCJIII who wrote (5858)	4/10/1998 11:58:00 AM
From: Dave Gore	Read Replies (2) \| Respond to of 34592

Please tell us more about earnings on INTK....my thoughts on IFLYW INTK- Please clarify what you said about a very positive earnings report coming out Wed. All I heard was that they lost a major contract a while back and looking at their company report on briefing.com, 1998 earnings are down substantially. What have you heard? Earnings definitely out this Wed.? Did someone call the company and verify? Good luck to all on Monday....I sold INTK on Friday (only so I could sleep peacefully this weekend) and may jump in quick if what you said is verified. I would love to see the MM's get screwed. Make a killing and I'll catch the next great stock of TMEX. Regarding IFLYW....I bought those at 7/16 and sold half on Friday at 31/32 (just in case a Barron's article badmouth's IFLY over the weekend. Now I am riding my profits risk free and expect the warrants to hit $2-$3 next week. If the stock gets hit on Monday, I am buying more IFLW for sure at lower levels....as my original post said they are a great safe play (the stock has 5 years to get to $10 to make your warrants callable at $3.75)....5 years..what a gift! Remember that these trade just like stocks....don't get too hung up on conversion. You will probably sell them before that happens anyway. There should be a much bigger "time premium" build into these warrants. They are underpriced right now as the stock price is already about 5/8 of a point above the strike price of $6.25 (with 5 years to go before the warrants expire!). Hopefully on Monday the price will catch up. Remember, if the worst happens and the stock drops big on Monday (very unlikely) scarf these up like crazy...they might well get back to 1/4, which is where I amlost bought them a few days ago.