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

To: BobKuz who wrote (74246)	5/10/1999 12:20:00 PM
From: Nam, Ki Hyung	Respond to of 119973

Tenfold IPO(this week) IINT looks very interesting. They own 2,920,700 shares of TENF. According to the most recent S-1/A, the TENF deal will be priced in a range of $13-15 per share. If TENF pops to $20, that works out to approximately $1.87 per IINT share. Discount that by 40% and you are left with $1.12 per share. Additionally, IINT has about $1.41 in cash per share and is profitable. They are in the enterprise software market and have sales in the $180.0 MM range. IINT closed at 4 9/16 yesterday. The stock was as high as $25 3/4 per share two years ago. NAM