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SITE STARTED 9/1/99 BY GMAL RE:KWIC KENNEDY-WILSON INTERNATIONAL........WENT PUBLIC 1992 AS A REAL ESTATE AUCTION CO......AT THE TIME,THE LARGEST ADVERTISER IN THE LA TIMES......1998 BECAME 8 LARGEST PROP. MANAGEMENT CO IN US.......2QT99 EARNINGS IN LINE WITH EST. .11 ALTHOUGH 3 OF 5 OF THEIR LARGEST COMPETITORS REPORTED DISAPPOINTING RESULTS......THESE GUYS BUY PROPERTIES IN DISTRESSED PARTS OF THE WORLD AT ROCK BOTTOM PRICES,FIX THEM,LEASE THEM, AND WAIT FOR THE ECONOMY TO TURN AROUND AND SALE AT A PREMIUM ........THEY ARE CURRENTLY SELLING 7-8 USA PROPERTIES LOOKING FOR CAPITOL GAINS OF 16-17 MILLION BY END OF 1999......THEY HAVE NOW STARTED TO ACQUIRE PROPERTIES IN THE DISTRESSED JAPANESE MARKET RECENTLY ACQUIRING A 356,000 SQ. FT. BUILDING IN KAWASAKI,JAPAN........KWIC CURRENTLY HAS 60,000,000 SQ. FT. OF PROP. UNDER MANAGEMENT.......................................................STOCK IS CURRENTLY SELLING AT LESS THAN 10X EARNINGS.................HERE IS THE KICKER.........AVERAGE VOLUME LAST 60 DAYS 22,650 SHARES A DAY.......................TODAY 9/1/99 VOLUME SOARED TO 335,000 SHARES.....STOCK CLOSED AT 8.5 UP FOR THE DAY 3/4.......HERE IS THE REASON, THIS COMPANY IS SOON TO NO LONGER BE JUST A R. E. CO. ALTHOUGH AS A R.E. CO. THEY ARE ROCK SOLID.........ACCORDING TO JOHN COLLINS VICE PRESIDENT,INVESTORS RELATIONS 1-310-887-6493.....THE COMPANY IS APPROXIMATELY TWO WEEKS FROM FULLY LAUNCHING THE FIRST FULL SERVICE ONLINE R. E. AUCTION SITE........ePROPERTY.COM......SEE AT WWW.kennedywilson.com.....REPEAT, THE FIRST.........ONLINE PROPERTY AUCTION SITE........WE ALL KNOW THE ADVANTAGE OF BEING FIRST, ON MARKET SHARE........... THEY WILL HANDLE COMMERCIAL AND RESIDENTIAL PROPERTY IN THE USA,JAPAN,HONG KONG,TAIWAN,MAINLAND CHINA, AND INDONESIA...........TO MATCH UP BUYERS AND SELLERS WITH LITTLE TO NO REAL ESTATE COMMISSION.........THEY HAVE BEEN DEVELOPING THIS SITE FOR OVER 1 AND HALF YEARS AND HAVE PARTNERED WITH GUIDANCE SOLUTIONS WHO HAS TAKEN A 25% EQUITY STAKE AND HAS BEEN BUILDING THE CUSTOMISED DATABASED DRIVEN ONLINE AUCTION SITE ............GS HAS SERVED INTEGRATION NEEDS FOR WELLS FARGO, BANK OF AMERICA, TACO BELL, BOEING, GOODYEAR, AIRTOUCH CELLULAR AND MANY OTHERS.......ACCORDING TO A COMPANY SOURCE, THEY HAVE TRIED TO KEEP THIS UNDER WRAPS........IT IS GOING TO COST A LOT OF BROKERS THEIR COMMISSIONS JUST LIKE ONLINE TRADING HAS DONE TO FULL SERVICE BROKERS..........THEY WANT PEACE WITH THEIR REAL ESTATE COHORTS OR THEY ARE JUST TRYING TO BEAT EVERYBODY ELSE TO THE PUNCH........REMEMBER THESE GUYS ARE EXPERTS IN THE R. E. AUCTION BUSINESS ALREADY..........I FIRMLY BELIEVE ePROPERTY.COM IS GOING TO BLOW THE ROOF OFF THIS ALREADY SOLID REAL ESTATE COMPANY'S STOCK PRICE..........DO YOUR OWN DD........PHONE# AND WEB ADDRESS ARE IN THIS POST.........AND THEN, BUY THIS STOCK.........................SINCERELY,GMAL |
