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

To: Baghul who wrote (6977)	10/23/1998 1:21:00 AM
From: mammoth	Respond to of 119973

We may finally see some profit taking from this unprecedented run. Nikkei, Hang Seng turned south, as did S&P futures. ^N225 1:13AM 14092.32 -203.24 -1.42% ^HSI 12:30AM 9541.27 -117.31 -1.21% GLOBEX2 PRICES AS OF 10/23/98 00:15 AM TRADE DATE: 10/23/98 CONTRACT LAST NET CHGE S&P 500 DEC98 1083.60 -310 E-MINI DEC98 1083.25 -350 Any thoughts on strategies for tomorrow and Monday?

To: Baghul who wrote (6977)	10/23/1998 9:04:00 AM
From: Rock_nj	Read Replies (3) \| Respond to of 119973

I think INKT would be a good short at this price. More shares coming to market.

To: Baghul who wrote (6977)	10/23/1998 10:17:00 AM
From: RCJIII	Read Replies (1) \| Respond to of 119973

Baghul, CNGR should move up soon. I believe they have further acquisitions in the works and their current operations are growing and highly profitable. Also, Inktomi announced yesterday that their underwriter, Goldman Sachs, is allowing the early release of the restriction which prevented 1.1 million shares from trading for a few more months. I believe that CNGR's shares in Inktomi were under this particular restriction and that they are now going to be released. This will allow CNGR to begin locking in some of the massive profits that they have in Inktomi. CNGR, even after this morning's downturn in INKT, holds over $19 million in Inktomi shares. I have a call into CNGR management to confirm that their shares are now available to sell. I will keep you informed. Once CNGR begins selling their Inktomi shares they will have tons of cash, both for acquisitions and their share buyback program. RCJIII