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

To: David D. who wrote (24810)	12/9/1998 3:14:00 PM
From: Gator	Respond to of 119973

I thank you. I'm in at $0.59, $0.61, and $0.625. Bid is moving around. Was at $0.75x$0.85. Seem to be moving the bid between $0.66 and $0.75 to see if they can capture any sells. Seeing some buys coming in at $0.85. Still pretty cheap if they can trade 20 times earnings for the year (est. $0.24, which would put them around $4.80). They're prepared for larger market listing, just need to get the stock price up, which is why The Pinnacle Group was brought aboard. They're also contemplating acquisitions, so there may be more coming that would be accretive to earnings. Conference call will be very revealing to a lot of people. Gator