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


To: MoneyMade who wrote (32335)12/22/1998 12:56:00 PM
From: J. Ramsey  Read Replies (1) | Respond to of 119973
 
MDDS, Piper Jaffary sitting on the bid after...

Down grading it from strong buy to a neutral... They are buying one hell of a lot of stock today at 3 15/16 to 4.00.

It appears that a neutral equals a strong buy when you are MM'S.

I think we will see an easy 50% by the first week of 1999.

In at 3 3/4 early today.

Book Value 5.18, 4.8mil in float, PE was at 17 yesterday now at 8.16
Co. calling for .06 to .12 per share vs. .09 last year, first call est. was for .18 per share.

Will use this as my first short term play for 1999...

HAPPY HOLIDAYS ONE AND ALL!!!!!! Jim