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


To: TokyoMex who wrote (11789)4/28/1998 8:39:00 PM
From: Devil's Advocate  Read Replies (1) | Respond to of 34592
 
Hi Tokyo!

I'm a newbie with one question:

Why are you doubling your ,, and ..?



To: TokyoMex who wrote (11789)4/28/1998 8:44:00 PM
From: Lord Smooth  Read Replies (1) | Respond to of 34592
 
NSCC ask $2 3/8. I see $3-4 within two weeks.

NSC Corporation will report earnnigs this week or next. They are in a no-growth industry -- abestos removal. However, they are realigning their business to focus more on decomminisioning of government buildings and low-radio active facilities. A no growth industry, yes. But the company is still undervalued. In the third and fourth quarter, NSCC reported losses. A writeoff was taken in the fourth quarter for restructuring. If this company reports positive earnings, which it has a chance to given the restructuring and writeof in the previous quarter, the stock will move to at least $3, if not $4 for a brief spurt. This is not a long term hold. This is a hold until earnings report comes out, whether good or bad.

shares outstanding 10 million. Float 2 million. do what you want. Just an idea. If negative earnings, the stock will probably not move down much. If any where above 0.00, it will move up significantly, in my humble opinion. Financially stable. Pays $0.15 annual dividend. Issue with company is getting under bid by increasing number of abestos removal contractors.

I would not buy it over $2 3/8 utnil earnings come out. It just is not worth it.

I am not responsible for the accuracy of this infomration nor am I responsible for your investing decisions. Just take a look and make up your own mind.