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

To: NASDBULL who wrote (17219)	11/27/1998 10:07:00 AM
From: JEB	Respond to of 119973

;-)...agree!

To: NASDBULL who wrote (17219)	11/27/1998 10:16:00 AM
From: JEB	Read Replies (1) \| Respond to of 119973

RIVL shorts will want to buy by the end of the day (1:00 or 2:00 PM today).

To: NASDBULL who wrote (17219)	11/27/1998 10:21:00 AM
From: JJMM	Read Replies (3) \| Respond to of 119973

I agree. The RIVL bid has to be book value or higher - which makes this price a no brainer. However, I think the reason for the downturn is the company would not disclose terms and hired Montgomery as IB - these could be signs they are resistant to a buyout... at least from this bidder. I'll be picking up more if RIVL drops much lower. good luck