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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp

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To: Brunello who wrote (76)1/11/1997 7:38:00 PM
From: Steven Messina,L.M.T.   of 1028
 
TO ALL: After posting about KNIC in "The Picks" (thread on SI), here's one of the responses I recieved. We must take ALL opinions into consideration when investing.

< Steven Messina,L.M.T. (1556 )
From: Kevin Hansen
Jan 11 1997 6:05PM EST
Reply #1562 of 1565

RE: TA on KNIC

For those thinking of buying this stock:
The chart on this stock is horrendous, a true "dog". after breaking major support at 8,
the stock has continued to falter and now trades under 6. The .38 spread Steve has
been making should fade soon as the prices start to dip even further. At a P/E of 70,
KNIC is no bargain even at $6.

There are better stocks out there.

-Kevin >

So there ya have it. I'd be interested in hearing more on the flip side of positivity...feel free to post whatcha know!!

Regards,

Steve
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