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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 (48323)1/27/1999 8:32:00 PM
From: Trader J  Read Replies (2) | Respond to of 119973
 
David: IFLY - If you believe it has a brilliant future, then you will be fine. The future consists of a very long period of time.

However, if you are looking for direction as trader.....what you have here is a has-been or a what-was play. Perfect example of "Buy the rumor, sell the news". It just isn't sexy anymore. You may get some play as earnings come out and revenue growth via the Internet is discussed but with these small Inets, once the mystique and story is gone....there is nothing left to support the issue or its lofty valuation. If you are not in a first tier Inet, look out after the news and volume dry up.....

Good luck

TJ