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

To: Mr. Park who wrote (26999)	12/12/1998 3:46:00 PM
From: sand wedge	Respond to of 119973

Agreed on all three of your observations. Yes I hold, what is for me, a decent position. While I have owned this stock many times over the past 8 years, I bought in the day of the earnings warning, recognizing a severe over-reaction to bad news. I also have a good amount of knowledge regarding the business FILE is in from a technical and sales perspective. The reason for statements like you referenced from FILE's quarterly reports is that over the course of FILE's history, there have been several serious corrections due to missed quarterly expectations. They have occured in 92, 95 and 97. Each time lawsuits followed hence the verbiage. Each time, the stock took a serious fall within a day, only to rise to previous levels once performance evened out.