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

To: good2yah who wrote (30500)	8/14/1998 2:30:00 PM
From: P.E. Allen	Respond to of 34592

did somebody say "JNNE"

To: good2yah who wrote (30500)	8/14/1998 8:30:00 PM
From: RCJIII	Respond to of 34592

Good2yah, CHS CEO has indicated in a phone conversation that .55 per share is a likely conservative estimate for earnings. The stock is currently at $3.43 which provides a PPE of about 6. Sales are way up and since the recent restructuring the company has a solid balance sheet and plenty of cash on hand. They are also a prime takeover target at these levels. Additionally their CEO indicated they have been aggressively seeking analyst coverage for the stock. This was a few months back. Once the annual report comes out we should see some coverage. CHS is one of my favorite short and long term plays. The fact that it is a listed NYSE issue is nice also. NO Bulletin Board BS manipulation. RCJIII