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

To: Andrew G. who wrote (55354)	2/12/1999 12:19:00 PM
From: Master Trader	Respond to of 119973

IN CCEE worth $5.50 just in SWRX stock daytraders.org CCEE owns a significat position in SWRX.....about 10.8 million shares at a cost basis of about $.19 a share, currently SWRX is trading $11 1/4. CCEE has about 20 million shares outstanding so for our purposes every share of CCEE owns about 1/2 share of CCEE. This gives CCEE a value of $5.60 a share in SWRX stock before taxes....assume 40% taxes (wosrt case) and that gives a $3 7/16 a share value on CCEE's SWRX holdings. CCEE here looks like a decent risk reward play based on their SWRX holdings.