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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 (6689)10/20/1998 12:58:00 PM
From: HandsOn  Read Replies (2) | Respond to of 119973
 
Thanks for the advice on ASPT, bailed this morning at 12 15/16 with 7/8 profit. Is CD CEO on Power Lunch Today.



To: TokyoMex who wrote (6689)10/20/1998 1:03:00 PM
From: Gator  Respond to of 119973
 
CD's a great play. Bought in about 2 weeks ago at $7 7/8. Already up 50%. Underlying businesses are strong. CUC mess is cleaned up, but they still have potential shareholder lawsuits outstanding. Good thing is that all of the CUC directors, CEO, etc., are no longer with the company, so hopefully the lawsuits will be directed towards the responsible individuals and accountants and not Cendant.

Company is going to buy back a billion dollars worth of stock which will be a big boost to eps calculation.

Gator