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

To: JC Money - President of a Loca who wrote (42949)	1/14/1999 12:14:00 AM
From: wallacestevens	Read Replies (1) \| Respond to of 119973

JC: I am sorry that you shorted CNKT just before the close. Your post indicates you misunderstood the impact of the IBM announcement. IBM's stock has exploded over the last few months. Why? Because IBM has been quietly reinventing itself as a solution services provider heavily involved in internet connectivity issues. CNKT's employment of IBM-based protocols is important because it makes application of CNKT's products almost universally end-user friendly. CNKT has a strong base of clients such as Home Depot. I'm not saying CNKT will go through the roof tomorrow, but with a low float and increasingly good news coming out from this company, why would you short? And if you're going to short, why short at the end of the day, under 7? Why not earlier between 9 and 10???