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

To: John Schmitt who wrote (9156)	4/22/1998 10:43:00 AM
From: John Schmitt	Read Replies (1) \| Respond to of 34592

For anyone who is interested, take a look at TGSK. It's not a very sexy industry like the internet, but this company is producing some nice numbers. They just released earnings today: biz.yahoo.com Sales were up 40% vs. the same quarter last year. As well, net earnings were up 40% (to $.10 a share) vs. the same quarter last year. The company has been buying back their shares since March 17th: biz.yahoo.com As well, from a recent press release: biz.yahoo.com "Tigershark currently projects 1998 revenues of $20.7 million with net earnings of $2.5 million, or $0.31 per share. These projections represent revenue and earnings increases compared to 1997 of 45.2% and 46.1%, respectively. Depending on the progress of its expansion program, Tigershark may revise these projections upwards as the year unfolds." From the same press release: "Presently, Tigershark has 7.2 million shares outstanding, figured on a fully diluted basis, with insiders owning about 70% through restricted holding; the Company continues to expect the number of shares outstanding to increase to 8 million by year end. The float, or number of authorized free-trading shares, currently stands at 2.2 million shares." Currently, the stock is trading at $1.02 up 7% on the day. At this price, it is currently trading at 3.3 times projected earnings. Seems undervalued to me... Good luck, John