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


To: Michaelste who wrote (70663)4/22/1999 1:44:00 PM
From: If only I'd held  Read Replies (1) | Respond to of 119973
 
USAB gettin' busy



To: Michaelste who wrote (70663)4/22/1999 1:44:00 PM
From: David L. Carter  Read Replies (1) | Respond to of 119973
 
I was planning on day trading RRRR until I started looking at the company a little closer. I am in the Internet software business which gives me a good feel of their company, etc. I think the idea of expanding the VC idea by utilizing their current customer base as a sales channel combined with $80 million should make them a great company if the management is up to task. The only problems I see are the transition from and Air Conditioning company to Internet services,,, This will eventually be overcome but it is still a wart. The investment from Apollo is what gave me a lot of confidence. Apollo is a billion dollar investment firm that now has 25% of the company. You can believe they have controls in place to make this think a success. I am going to hold this stock for a while.