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

To: Gerald L. Kerr who wrote (6833)	4/14/1998 1:28:00 PM
From: Frederick Langford	Respond to of 34592

Wish I knew for sure. Fred

To: Gerald L. Kerr who wrote (6833)	4/14/1998 1:34:00 PM
From: Harry_Behemoth	Read Replies (3) \| Respond to of 34592

Any thoughts on PHXU (what a great symbol!)? News out.

To: Gerald L. Kerr who wrote (6833)	4/14/1998 1:43:00 PM
From: PMS	Respond to of 34592

News on IFLYWTAMPA, Fla., April 14 /PRNewswire/ -- 800 Travel Systems, Inc. (Nasdaq: IFLY - news, IFLYW - news) confirmed today the redeemable common stock purchase warrants it sold in its January 1998 initial public offering which trade under the symbol ''IFLYW'' are currently exercisable at $6.25 per share. Each redeemable common stock purchase warrant entitles the holder to purchase one share of common stock, and may be exercised until January 14, 2003. In addition, if the closing price of the Company's common stock for 7 consecutive trading days equals or exceeds $10.00 per share, the Company has the right to redeem the redeemable common stock purchase warrants for $.05 per warrant. Until January 12, 1999, any such redemption will require the consent of First London Securities Corporation, one of the lead underwriters in the IPO. 800 Travel System, one of the 100 largest independent travel agencies in the United States, provides low-priced airline tickets for domestic and international travel through its easy to remember numbers, ''800-LOW-AIR-FARE'' (800-569-2473) and ''800-FLY-FOR-LESS'' (800-359-4537). SOURCE: 800 Travel Systems, Inc.