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

To: Doug T. who wrote (4028)	6/11/1998 2:19:00 PM
From: Brent	Read Replies (1) \| Respond to of 8798

IMNR and AGPH would fit together well: AGPH is a one-stock company with a great cash flow for next two years but a poor pipeline. IMNR has a great pipeline but insufficient cash to play all the options. A think the stalled partnership deals may be because potential partners, knowing IMNR is short of cash, are trying to extract too good a deal. A merger would let the shareholders of both companies take full value from both the near term and the long term. Combined market cap today of the two companies is less than $1.4B, but together they are worth twice that. Imagine if IMNR had the cash to start Phase III on their RA technology today, or to move aggressively on the gene therapies rather than partner them out to someone else. They have been forced to put most of their cash into Remune, and the result is the other opportunities are not accreting value. (from Yahoo)

To: Doug T. who wrote (4028)	6/11/1998 2:34:00 PM
From: Chris O'Keefe	Read Replies (1) \| Respond to of 8798

The absence of Level II cost me about $800 yesterday. I'm just sure I would have exited a position sooner if I had seen the behind the scenes MM positioning. Unfortunately, I work during the day, and it's about all I can do to get on SI and real-time-quotes now and again. So far, my boss doesn't mind me stopping my billing to play around a little with stocks on the internet (great boss, eh?) but I think I'd be really pushing it to have my boss see a full-blown Level II screen on my monitor! LOL!