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

To: Trumptown who wrote (6183)	10/13/1998 11:01:00 PM
From: JEB	Respond to of 119973

Somebody had better put a tourniquet on that chart of yours. It seems to be bleeding profusely!

To: Trumptown who wrote (6183)	10/14/1998 7:19:00 AM
From: ChrisJP	Respond to of 119973

>> A depressing chart... << Look at the new highs to new lows back in July. That spike was the sell signal of all time. For most stocks, many of which are down over 50% from their highs, maybe the worst is almost over (price-wise). Like TMex says, big stock PEs still need to drop to reflect next year's reality. Battered small caps will fall along with them, just not as much. Calendar wise we are probably looking at another 6 gloomy months. For many stocks, last June/July's highs won't be seen for at least a year or 2. Chris