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

To: Big Dog who wrote (30275)	8/7/1998 2:43:00 PM
From: Mr. Jens Tingleff	Respond to of 34592

Noticed the lack of price movement - But still there's a volume and no one mentioned - That is what I find strange! -

To: Big Dog who wrote (30275)	8/7/1998 2:45:00 PM
From: Gator	Respond to of 34592

Big Dog, check out RESY. It's set to run. RESY - Reconditioned Systems, Inc. Nasdaq Small-Cap. $4 - $4 5/16. Shares Outstanding: 1,473,950 Shares in Float: 500,000 PE: 7.8 1998 Revenues (year-end March 31): $9.6 million, up 35% from 1997 revenues of $7.1 million. 1998 EPS (fully diluted): $0.52 vs. $0.16 in 1997. No long term debt. Current ratio about 3.5:1. Next earnings release: Week of August 17, 1998. RESY purchases used modular office work stations from manufacturers, dealers, brokers and end-users; and then reconditions and markets the work stations. For the fiscal year ended 3/31/98, sales increased 35% to $9.6 million. Net income increased from $258 thousand to $840 thousand. Results reflect increased wholesale sales. Net income also reflects an increased gross profit margin, and lower overall percentage of fixed expenses. Very small float, moves on little volume. PE of 20 would put the stock at $11 3/8 based on trailing 12 month earnings. Forward split isn't out of the question if the stock runs to $8-$10 to increase market liquidity. Rumored to be a takeover target, Haworth has been mentioned as a candidate. No coverage on SI, only a handful of messages on Yahoo message board. Web site: resy.net Gator