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


To: Big Bee who wrote (2215)6/4/1998 1:42:00 AM
From: TokyoMex  Read Replies (1) | Respond to of 8798
 
Remember Bee,,they have other products as well,, another food for the thought ,,,,

Message 4715492



To: Big Bee who wrote (2215)6/4/1998 2:20:00 AM
From: Dave Gore  Respond to of 8798
 
Just remember that TEXN is among 2-3% of BB companies actually making profits at all and priced under $1.00.

We don't want to normally apply a PE model to a BB stock. If we did, even high quality stocks like GMTI, DIXS, INFE, ICVI, DGIV, and 100's of others (even priced from $2-5) should all be priced BELOW <TEXN>, since they are all losing money (except DGIV which made a 2 cent per share profit I believe). Correct me if I am wrong, but you get the idea.

and even though they are valued on potential, I wonder if their potential is any higher than TEXN.

Good questions to ask company, though...I am sure they will supply the math. All you have to do is ask them.

I was one who did the PE model myself to show just how well and how much better this stock holds up to such a test than at least 98% of all stocks under $1.00 and probably better than 80% of all BB stocks under $3.00. That's pretty powerful

Go TEXN



To: Big Bee who wrote (2215)6/4/1998 2:22:00 AM
From: Robert Knight  Respond to of 8798
 
The following news release spells out what the CEO of the company thinks. Unless she likes putting her neck in a noose, these statements are quite strong. Big problems for chief executives of public companies that fabricate numbers and phoney contracts.....

FORT WORTH, Texas--(BUSINESS WIRE)--March 13, 1998--21st Century

Pat Wilson, CEO of TEXN, stated: "We have found that our 3-dot multicolor night sight is
superior in low-light or no-light situations. Law enforcement prefers our night sights over the
competition's single-color format. We are American-owned, and the night sights are made
right here in Texas. We're proud of what we have accomplished in the last two years."

Licensed by the Nuclear Regulatory Commission to import "tritium," a radioactive isotope
that glows, Wilson is the company's nuclear regulatory safety officer, as well as its CEO.

TEXN is currently trading at 18 cents per share, with 19 million shares outstanding. The
market capitalization of TEXN is $8,120,000. Daily trading volume averages 80,000 shares
per day. With only 9 million shares in the float, the value of TEXN shares has risen in the
last nine months from 4 cents a share to a high of 20 cents a share.

At Friday's price, TEXN shares have increased more than 400 percent. "We anticipate
pretax profits in 1998 to exceed $2,499,783, based upon the sale of 166,209 units, with
earnings projected at 13 cents per share," stated Wilson.

Sales momentum in the PT Night Sights has grown following the February 1998 Shot Show
in Las Vegas. TEXN sells directly to law enforcement agencies and provides manufacturing
to OEMs in the United States and abroad.

Financial statements in this news release other than historical facts are "forward-looking"
statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of
the Securities Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The company intends that such statements about its future
expectations, including future revenues and earnings, and all other forward-looking
statements (i.e., future operational results and sales), involve risks and uncertainties and are
subject to change at any time. The company's actual results could differ materially from
expected results.

Pro Forma Actual Actual
1998 1997 1996

Gross revenue, 12 months $6,000,000 $1,200,000 $ 247,735
12-month earnings $2,499,783 $ 57,143 $ (458,117)
Weighted average shares 19,000,000 14,500,000 12,500,000
12-month earnings per share $ 0.13 $ (0.004) $ (.037)

NOTE: The 1997 and 1996 figures are based on the company's tax
returns, but are not audited. Pro forma figures are based on actual
orders placed with the company, as well as commitments for orders
from 16 law enforcement and military customers for delivery in
fiscal year 1998.

CONTACT: 21st Century Technologies Inc.
Pat Wilson, 800/334-3573
or
Princeton Research of Nevada Inc.
John Dolkart, 702/251-7163



Previous Story






To: Big Bee who wrote (2215)6/4/1998 3:52:00 AM
From: Philip Tung  Respond to of 8798
 
Hi, I think their May 13th news release dealt with the issue of capacity.

From yahoo news

"Night sight orders have increased geometrically and to fill the orders the company is adding another production shift and
ordering more of the special machines, the CNC Fadal VMC-15 Vertical Machining Centers. The machined sites are far more
popular than those cast. Most of the expansion has been made possible from cash flow."

By the way, from reading their news releases, it sounds like 13 cents per share is based solely on the 166,209 figure which is only orders for the first two months of 1998.

Also would you think they have any inventory?

I don't think you can base the earnings calculations on capacity alone. .13 earnings and pe of 10 would already give you $1.30 and pe of 20 would give $2.60. A reasonable figure for the stock NOW, wouldn't you say!

pt