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

To: Logistics who wrote (20228)	5/21/1998 1:51:00 PM
From: PMS	Read Replies (1) \| Respond to of 34592

" FCSE -I anticipate a move to $7 from $3 7/8 after warrants expire May 26. There are a little over 1 million warrants that expire Monday May 26. The warrants are redeemable for 1.81 shrs of FCSE common (1,954,000 shrs) assuming everyone sends in the $6.75 to buy the stk. This gives the warrant holders the right to buy the shrs at a price of $3.81 Which is about where the stk is trading as of friday close. I went through all the message boards and most feel the warrants are what is holding the stk price down. VectorVest (www.vectorvest.com) values FCSE at $7 to $8. Red Chip review values FCSE at $7.