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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 (53885)	2/9/1999 3:47:00 PM
From: Gator	Read Replies (1) \| Respond to of 119973

MOKA deal is valued at $3.06/share. Stock at $2. Deal is scheduled to be completed by early summer. MOKA actually may be fishing for a better offer (they have a book value of $4). Starbucks could always step in as well with a counter offer. MOKA balance sheet looks very good, very little long-term debt, over $2 million in cash. Since the deal will be immediately accretive to Deidrich stock, the value of Deidrich could also rise in the mean time, which would increase the overall value of the deal to MOKA shareholders. Gator