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Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (10)	2/20/1999 11:30:00 AM
From: Jeffrey L. Henken	Read Replies (4) \| Respond to of 2662

>MOKA two weeks away from deadline for definitive agreement on acquisition by DDRX. Deal is worth $35 million to MOKA ($3.25/share). MOKA is trading for $2 1/8. AP incorrectly reported deal worth at $25 million, or around $2.35/share, which may be why it isn't trading closer to $3+. The closer we get to March 5th, the higher the stock should go.< Sounds like MOKA should issue another press release and force the AP to report the correct numbers. It also sounds like investors should be taking advantage of the obvious potential for this stock to outperform over the next couple of weeks. Here is a URL for other investors to look over all your picks: MOKA, CRNC, EBLD, IGHS and my personal favorite RDIM: One has to like the insider buying at MOKA too. It sells well below book value and they have a couple million in cash. In addition the company is heading into it's higher sales period. All in all I like MOKA at these levels a lot and see this as a reasonably secure 30% gain for shareholders over the next two weeks if they could get in at the closing price of last Friday: quote.yahoo.com biz.yahoo.com I would very much appreciate your sharing any further insight into why you feel your other stock picks might outperform as well? Thanks, Jeff

To: Gator who wrote (10)	2/24/1999 8:16:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2662

RE. MOKA two weeks away from deadline for definitive agreement on acquisition by DDRX. Deal is worth $35 million to MOKA ($3.25/share). MOKA is trading for $2 1/8. AP incorrectly reported deal worth at $25 million, or around $2.35/share, U better look again, TORONTO, ONTARIO--Coffee People, Inc. (NASDAQ - MOKA), 70 per cent owned by The Second Cup Ltd. (TSE - SKL), today announced it has signed a letter of intent to be acquired by Diedrich Coffee [Nasdaq:DDRX - news], Inc. (NASDAQ - DDRX). The transaction is valued at more than $3.00 (U.S.) per Coffee People share. Coffee People shareholders will receive $10.75 million (U.S.) in cash, 1,667,000 shares of Diedrich Coffee common stock and $14.25 million (U.S.) in cash or a combination of cash and stock. The sale is expected to close by early summer and will result in Second Cup retaining an equity interest in Diedrich. The deal is subject to certain conditions, including the execution of a definitive agreement, securing financing and shareholder and regulatory approval. Second Cup expects to receive approximately $35 million (CDN) in total proceeds. A Second Cup representative will be appointed to the Diedrich Coffee Board following the transaction. ------------------- This is a complicated deal, and if the Money is in $CDN it's not so hot. -------------- I have been burned before with definitive agreements, they are worth the paper written on but that's about all, to start with Do you really want to own DDRX, if not stay clear. Also DDRX don't have the Money, so the deal hinges on them raising cash some how, ( more dept ) is what this adds up to, and why o why does SKL want to divest itself of MOKA, these wrap around deals always seem to have hidden agendas no way I'll bite. Last if it was all that hot the insiders would have taken her up by now, they are not fools. Jim