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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Clarke who wrote (2050)3/31/1999 12:45:00 AM
From: Old Stock Collector  Read Replies (1) | Respond to of 3584
 
  Current Pick

 

Rollinstock's Pick for Tuesday March 30, 1999

Stock Symbol: MDMI

Company Name: Massimo Da Milano

Market: OTC:BB

Current Price: 0.10

52 week range: 0.01 - 0.30

The Facts:

MDMI currently has 11 Java-Central storefront franchises, as well as a Wholesale Bakery operation in Dallas, Texas.  Dallas-based MDMI is a well-known consumer brands company specializing in bakery goods, fine breads, and coffee. In addition, MDMI owns a coffee franchise network under the name Java-Centrale. The online-based Java Centrale virtual store will carry one of the widest selections of coffees found worldwide and will include over 160 blends from some of the most exotic locations in the world.

The Reason:

Over the past several days this stock has shown an increase in volume.  The price has been fluctuating between .06 and .14.  We think that with the increased interest and the upcoming web page that this stock shows great potential.  The last time that this much volume was seen,  the stock rose to .30, which would be a 200% gain.  This however is an extremely volatile stock and your own research is imperative.  We are releasing this pick with extreme caution and would like for everyone to use your own judgement as to when to buy and sell this stock.

Outlook:

We feel that this stock has the potential to break out in the short term to .30 and a possible long term range of $2.00.