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

To: DR. DODE who wrote (2674)	6/4/1998 8:09:00 PM
From: Ken Reidy	Read Replies (1) \| Respond to of 8798

I hope not too many. I owned this stock during September of 1996 and doubled my money in about a month. It was total luck as I new nothing about investing at the time. I had heard the company advertised on Ed Taxin's radio show and thought his recommendation was legit, not something the company had paid for. Taxin recommended it at around $2 per share( i believe), I watched it fall to 5/8 and thought it must be a bargain at that level based on his glowing recommendation. I bought it and sold it at 1 5/16 a month later. I was so naive. I then promptly put the profits into MTCI, another Taxin recommendation , and lost the entire amount. MTCI closed today at $.01. I still own 15000 shares. The problem with ELCC was I could never obtain any information on the company. Management was very tight lipped. I have no idea if it is a buy right now but I will be watching the open tomorrow very closely.