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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Nanlin Chiang who wrote (33609)	4/2/1999 10:07:00 AM
From: TOPCAT1	Read Replies (1) \| Respond to of 34592

ERRI, up sharply... E-Commerce deals... excited... I am very, very excited... huge buying came in late in the day Friday, closing at $1.68 on over 800,000 shares... I have been watching and asking about this play for over the last week, I got in at just over $1.00 on several rumours floating about internet acquisitions... their press release confirmed this last week, quote from PR... "Further to the Company's news release of February 17, 1999, the Company is well into the negotiations of acquiring Internet-related businesses."... for several days the price ran up and down between $1.00 and $1.30, a lot of shares were moved out of the market (thinned out nicely), then on Thursday (moved upwards), then on Friday, very aggressive buying drove the price to $1.75... no question, something is coming... does anyone know exactly what...? and what is really great about this play, they just retracted a couple of million shares, and with only about 8 million absolutely fully diluted and some thread talk about less than 1 million on the float... this leads me to the opinion that the upside potential of this one is huge... of course, it depends on what they are vending into the company... and another important aspect of this play might be the shorts... they got a little squeezed on Friday and looks like a gap open on Monday, with an acquisition maybe Monday or mid-week, this could be a very interesting week of trading...