Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: David D. who wrote (59726)	3/5/1999 8:13:00 AM
From: TokyoMex	Respond to of 119973

News that we were expecting,, from a worm,, who gave us SCIO and LGND with great success turned out,, to be bad news,, rather than a good news.. SCTC was to have gotten a big contract from ASIA, which would have added to their eps by .06 ,, but they blew it .. I am afraid ,, at this point it's a lost cause in momentum,,

To: David D. who wrote (59726)	3/5/1999 2:43:00 PM
From: Mr. Park	Read Replies (2) \| Respond to of 119973

David, I called and spoke to investor relations. They have 2 million more shares to buy back. I think the price will stay at its current range for a while. But once all the buying is done the float will be substantially lower. 70% institutionally owned coupled with a chunk of the shares in employees 401k plans makes for a tiny float once the 3 million share buyback is complete. If you can hold I would wait a bit but then again if you can make more money elsewhere that may be a better option. I am long term on SCTC...I have a bit and I am holding for 3-6 month minimum IcyGuall