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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 (5983)10/11/1998 9:51:00 PM
From: ayahuasca  Read Replies (2) | Respond to of 119973
 
What do you think, if anything, about KEA and ITWO? Both are bouncing off lows. Both are leaders in their fields. Both had particularly big days on Friday.



To: TokyoMex who wrote (5983)10/12/1998 9:23:00 AM
From: Joe Copia  Read Replies (1) | Respond to of 119973
 
ALERT for PAMM holders:

(REUTERS) PacificAmerica <PAMM.O> says merger talks ended
<Toon_> PacificAmerica <PAMM.O> says merger talks ended
<Toon_> WOODLAND HILLS, Calif., Oct 12 (Reuters) - PacificAmerica
<Toon_> Money Center Inc. said insurance holding company Fremont
<Toon_> General Corp. had talk of a merger because of the decline in
<Toon_> the securities markets, especially in the subprime lending
<Toon_> industry.
<Toon_> The real estate lending company, however, said it would
<Toon_> still explore a sale of the company and selling or refinancing
<Toon_> of all or a portion of the company's interest-only strips
<Toon_> receivables. It said it might also opt to raise additional
<Toon_> capital at the parent or subsidiary level.
<Toon_> The company noted that turmoil in the subprime lending
<Toon_> industry would make it difficult to known whether it could act
<Toon_> on any of these ideas. It also said that trouble in the
<Toon_> subprime industry increased its risk of financing loans and
<Toon_> existing interest-only strips receivables, and pricing
<Toon_> secondary loan sales.