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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (3235)	9/5/1998 11:57:00 AM
From: JEB	Respond to of 119973

No prospective offerings yet but I'll start looking and I'll keep an eye on CCI...;-)

To: TokyoMex who wrote (3235)	9/5/1998 12:09:00 PM
From: JEB	Respond to of 119973

I shorted the SPOO'S (SPY) for 1/2 a point Friday. Market took it's sweet time on Friday because of the lower than normal volume. Unfortunately, I didn't stick around for the afternoon drop and subsequent rally (oops). Thanks for CMGI. I've been studying it and trading now and then in it. It's kind of schizophrenic in it's trend and can turn on you quick. Just when I thought I had a day pattern established, news came out and blew the pattern for the rest of the day.

To: TokyoMex who wrote (3235)	9/5/1998 4:07:00 PM
From: JEB	Respond to of 119973

NYSE:BAC (Bank America) had $10 billion of Asian and Latin American exposure in 1997. $3.2 billion of that being in South Korea alone. That's all I have now but I will keep looking.

To: TokyoMex who wrote (3235)	9/5/1998 4:35:00 PM
From: JEB	Respond to of 119973

Here's one that's strange. NYSE:BT (Bankers Trust) acts more like a hedge fund than it does a bank. $6 billion of equity supports $140 billion of assets, of which only $19 billion are loans. Their trading assets are over $100 billion (all figures are in calender year 1997, I am attempting to find more current information). I will keep looking.

To: TokyoMex who wrote (3235)	9/5/1998 5:10:00 PM
From: JEB	Respond to of 119973

Joe, NYSE:VNT (CANTV) is Venezuela's main telecommunications provider. This could be a good short, since whatever happens to Venezuela happens to CANTV, but the Brazilian scenario could be offset if oil prices go up since they are now a heavy oil producer. You have to weigh the choices on this one. If both oil and exports are hit then this would be a good short but if oil goes up like everyone expects then it may offset the lost exports and call it a wash or a slight gain even.

To: TokyoMex who wrote (3235)	9/5/1998 6:06:00 PM
From: JEB	Read Replies (1) \| Respond to of 119973

Joe, Have you seen NYSE:AU (AngloGold). It has almost no debt, a P/E of around 11, and pays almost a 7% dividend. It just moved to the NYSE but when it was on the OTC market it kicked butt. A little move in the POG sent this stock way up. So it has a following. It is also a South African play. techstocks.com