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


To: insider who wrote (10991)4/25/1998 12:09:00 AM
From: Jack Zahran  Read Replies (4) | Respond to of 34592
 
Insider, you really are trashing me when you make irresponsible comments about the costs of maintaining a real business site, not Joe. But, from your post you betray a lack of understanding in what it takes to run one. I will not go into it unless you want me to. But, why don't you put together an RFP with all the functional requirements that TokyoJoe's must have, include:

1. Custom Content Development
2. Custom Server Site Work (include programming)
3. Secure e-commerce
4. Moderated Discussion posting thread
5. Server side e-mail notification to a changing and growing membership within minutes if not seconds.
6. Sustaining 200 click within a 5 Sec period of time
7. On avg, handling 30 customer queries a day and growing rapidly.
8. Responding to technical problems anytime during the day.
9. Regular and continued maintenance, including program maintenance.

Now that is not all, we haven't discussed performance projections and risk planning to handle a rapidly growing membership. As well as continued R&D for future enhancements. And we haven't gone into the operational and capital requirments of running a business.

Maybe I am looking at this all wrong, I come from a professional background and mainly deal with corporate types. Maybe I need to look at it with a more flowery approach, were everything is free and people readily give their time and money to other people just because. You are right insider, what am I thinking.

PS There were many days were I heard of lots of people making money on Joe's calls while I ignored other clients and my own portfolio, hacking out code.



To: insider who wrote (10991)4/25/1998 12:34:00 AM
From: BarbaraT  Read Replies (6) | Respond to of 34592
 
I agree with you re: Tokyomex site. I can certainly understand a nominal fee; however, he is giving out stock picks after he has purchased them. Even if they run up a minimal amount, based on the amount of shares he buys, he is making out like a bandit. I would think it would behoove him to make it more accessible and affordable. In the first place, when he posted his picks on the Tokyo Joe's Cafe, everyone (big bucks and little bucks) jumped on his bandwagon. Thus the stocks jumped immediately... some kept going, and some sank so fast you got crushed before you could blink. By charging so much, he is limiting his scope. As such, "if" his stocks really move, they will not have nearly the potential they could have by being on the open thread. And, by the time the thread gets the news, it will be "old" news. I know that I have gotten in on his picks late and been burned (IGTI and NEXR) -- and I did not know I was getting in late. However, receiving his picks on the "open" forum, I would not touch them because then I know it is too late. And if I decided I liked one of his picks, I would wait until the excitement wore down and consider it as an investment. Most people jump on for a quick 10 minute trade.
All in all, Mex is certainly entitled to do as he wishes and anyone who wishes to subscribe has my best wishes. But I do feel he is making "double" money, as you said. And the bigger bucks will come from having the jump on the picks. By the time everyone is getting in, he is getting out. I remember reading posts from him where he sort of blows his own horn about how much money he is making. Well, he is making it on us!!! We are taking his recommendations and driving the stocks up. Only a fraction of the readers will join ... he will still make money both ways. But the subscribers won't be making anywhere near what they had been since they won't have the support of this thread behind them.