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

To: flyboy who wrote (57961)	2/23/1999 5:35:00 PM
From: QuietWon	Respond to of 119973

Ok, Swami, I'm here to talk about ABTEE - hope we have a good discussion and figure this thing out - i'm of the long opinion now for the reasons in my post One thing to do is rem the dates a co is to come out with announcements or meet deadlines, etc. If those are not met, we usually assume a problem, so a stock sells off. Then when news comes one can see if the claims are true or false. Putting some facts together on ABTEE: 1. Stock went from 8+ up to 9+ late last week 2. Next day Asensio PR comes out - a couple of times - ie. when ABTEE about 9 1/2 let's say - quite a timely defensive move don;t you think, esp if you are short? 3. Assumming they are short, the level at which short I don;t know, but the closer it gets or starts to exceed the level shorted at, the more nervous the shorts will get. On that basis, the shorting likely occurred around 9 / 9.50 (10 likely the max) 4. ABTEE is quite profitable. Has contracts from MCI/WCOM. 5. ABTEE has laid out infrastructure already - other co's would have to go to the expense to do so and it would take a while to catch up. Items unconfirmed: A. State of Virgina EZ -Pass contract -- has there been any work done on the roadways? B. Rumor co to be involved in a deal C. Kaufman Bros quiet. ABTEE quiet. Arsensio talking. Adds up to, if B. true, then Kaufman likely involved in the deal, further lending credibility to the rumor. Any other issues on the table? Any comments accepted. Let's figure it out. Keep ears and eyes open.