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

To: john rieck who wrote (13899)	11/20/1998 6:05:00 AM
From: hoffy	Respond to of 119973

IATV. I have mentioned this stock before as a long term hold for me. It has done very little in the past 6 months but lately the trading has been very strange. The volume has really picked up the last 2 weeks. What is strange about it is that the volume always comes in late in the day and there are always big blocks going across the tape. In the past 2 weeks there have been numerous 10,000 share blocks, some 20,000 shares blocks and two 30,000 share blocks. Also it has traded big blocks like this after the bell, which is odd for this small company. What is also odd is that they are always at the ask, sometimes 1/32 or 1/16 higher than it but the stock never moves. It seems like someone is accumulating the stock down here and it's not the litle players. They are into interactive TV and have numerous patents on their technology. It's early in the game but down the raod when the internet and the TV operate as one their technology will be huge (I think). The rollout of their technology has been coming and should be out very soon. ANy comments on it or comments on the trading? Don't forget XYBR today on CNBC at 11:30. Get in early.