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

To: PitBull who wrote (19028)	5/19/1998 8:41:00 AM
From: TokyoMex	Read Replies (3) \| Respond to of 34592

From I S R ,,,, Our first watch list company is AllNet Services (OTC: AWEB). It is a client of Perry & Co., (surprise) which means the risk of it remaining an unknown entity has essentially been eliminated. As it currently stands, AllNet Services is totally unknown. It did however trade 257,000 shares today which lead us to believe that the word had somehow leaked out, but then we remembered that their logo is on our website--so someone obviously put two and two together...duh. Some of the greatest valuations are in Internet Online Auction stocks. Allnet intends on becoming a big player in Online Auctions as well as in traditional e-commerce. There are currently only two other publicly traded Online Auction stocks out there, OnSale (Nasdaq: ONSL) and Shopping.com (OTC: IBUY). Let's take a look at them. Onsale. hoovers.com OnSale is the industry grandaddy and in fact the "inventor" of Online auctions. Started in 1995, OnSale did about $140,000 during 1995, $14 million in 1996 and $89 million in 1997. The street expects them to lose money until mid-1999. Internet surfers apparently love bidding in this auctions, the first quarter sales just reported for OnSale were (oh my) $40 million. Wall Street apparently love Online Auctions too and have given Onsale a $540 million market cap or six times trailing twelve months sales of $89 million. You could have bought this for $5 last summer. See the site at onsale.com Shopping.com hoovers.com Even more fun is the highly controversial Shopping.com. There has been a great battle going on between longs and the shorts here. From the get go, when it began trading at $8.50, the media for whatever reason has been taking wacks at this company. One reporter said (prior to the IPO) that it made Amazon look dirt cheap at 600X sales and that the site didn't even "work" when he visited it. One boldly proclaimed that underwriters would choke on the overpriced deal. We'll hello it's trading at $24 and has traded as high as $39. It reported first quarter sales of $891,000 a couple of days ago.If Wall Street is in love with Onsale, it's "stalking" Shopping.com with a $96 million market cap. That's 1000 times sales. Yikes! When can we start one. See the site at shopping.com AllNet Services allnetservices.com AllNet has been conducting Online Auctions since October. While they have nicely growing sales figures for Jan, Feb and March--they are unaudited and the management would not let us release them. Probably the best way to evaluate the potential commercial success of any Internet related company is to visit their site and try out their product or service. The company, which was formed in April 1997, spent seven months designing proprietary, fully scalable systems architecture for the Internet shopping auction place and attracts 50,000 visitors a day. Their site is called Going Once and can be visited at goingonce.net In our view, it is every bit as nice as the other Online auction sites out there, with the exception of that they don't have "buy this computer for $0.99 cents" offers. But then--has anyone ever been able to buy computer for $0.99. We think not. In addition to Going Once, they are about launched a new site called All Net Direct. This site offers more than 70,000 new computer (auctions are usually close out merchandise) and electronics products. While the site does have an active URL at allnetdirect.com we weren't able to use it yet. Also up on drawing board for them is the world's first web site dedicated solely to offering the best selection and prices on hundreds of different computer monitors. Great idea. They will sell everything from 15" Packard Bells to 21" NEC monitors. May we invite you to call them and request an investor packet ? Please do. AllnetServices.com Inc. 3650 Coral Ridge drive Suite 101 Coral Springs, FL 33065 (954) 346-7575 Ticker Symbol: AWEB Trading Range: $0.53-$3.57 Shares Out: 6,700,000 Float: 2,700,000 Volume: 257,000 Price: $1.25 ================================================== New Buys & Sales On Wall Street: None Reported. ================================================== Coverage Initiated or Dropped On Wall Street: None Reported. ================================================== Big Movers: (Mostly Red) At Home (ATHM) -1 7/8 to 39 7/16 Axent (AXNT) -1 13/16 to 22 3/4 Checkfree (CKFR) -1 7/16 to 22 11/16 CKS Group (CKSG) -1 9/16 to 20 1/8 Cylink (CYLK) -1 7/16 to 10 9/16 Shopping.com +4 to 24 Lycos (LCOS) -4 3/8 to 60 Metricom (MCOM) -1 3/16 to 10 13/16 Sportsline -2 1/16 to 32 ================================================== Earnings (or lack of) Reports: Intuit (INTU) 3rd Quarter biz.yahoo.com ================================================== Yahoo (YHOO) switches from Alta Vista to Inktomi biz.yahoo.com Yahoo signs deal with AT&T biz.yahoo.com Merklemedia (MECK) buys largest ISP trade show organizer. biz.yahoo.com Verisign (VRSN) signs major deal with Texas Instruments biz.yahoo.com Broadcom (BRCM) announces first multi platform satellite chip. biz.yahoo.com CDNow (CDNW) signs deal with Imagine Radio. biz.yahoo.com K-Tel (KTEL) will hire Athome for web services. biz.yahoo.com Network Solutions signs domain customer # 2,000,000. biz.yahoo.com Cybercash (CYCH) partnership with Mercantec software is now offered on Microsoft Front Page web site builder software. biz.yahoo.com IDT Corp (IDTC) Net2phone software will be bundled in IBM's standard internet access kit. biz.yahoo.com ==================================================