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

To: Bouf who wrote (60767)	3/10/1999 10:01:00 PM
From: Panita	Respond to of 119973

CNET CEO on CNBC's PowerLunch confirmed..... cnbc.com

To: Bouf who wrote (60767)	3/10/1999 10:56:00 PM
From: Michael Hardin	Respond to of 119973

Even more info on PWCC!!! Flashnet is an ISP with over 200,000 customers in 45 states. For comparisons Look at GEEK which has 50,000 customers and trades around $30 a share and mindspring which has 600,000 customers and trades @ $100 a share. Furthermore, In a feb. 25th article by CBSMarketwatch, 2 anonymous hedge fund managers indicated that PWCC was overvalued at the then share price of $19. They said That Flashnet would have to be valued @ $36.91 for that valuation to be justified. These guys must be idiots. Don't they know the history of internet IPO's. They fly. Flashnet could easily be $70+++ and by these hedge fund managers calculation PWCC would be worth $30+++. Hell look at DBCC, when it was trading in $30+++ range, David Faber said that Marketwatch would have to be $200+++ to warrant DBCC valuation of $30+++. IMO, PWCC is a no brainer. The IPO is the week of March 15th, has a float of 600K, which is short 311K. Could be a major Short Squeeze?!! Do your DD. Good Luck & Happy Investing. MH