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

To: NASDBULL who wrote (3861)	9/14/1998 10:58:00 AM
From: Bilberry	Read Replies (1) \| Respond to of 119973

NASDBULL, if we went by book value, then no one would be buying Microsoft, GE, all the internet stocks, etc. Book value is not a good indication of value for stocks like JMAR. P/E is a better gauge of value, and even then you cannot ignore the future business of some of their products such as the JSI Division that should be profitable by yearend, and the rollout of their Brightlight products. When these events occur, the stock may be 50-100% above current prices. My motto is buy low and buy early. --Bilberry