LL Knickerbocker(KNIC)/Pure Energy Corp Message Board

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

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To: Juan Dominguez who wrote (21)	12/13/1996 11:22:00 AM
From: Gerald Zubkoff	of 1028

I hate to say this, but your earnings estimate depends on KNIC's ability to integrate its acquisitions into a profitable whole. I'm not sure they can do it. I think it will be fortunate if the "core business" is profitable at all in 1997. I think that this stock is entirely a Pure Energy play; if the fuel is viable, then the stock price will be fine; if it isn't, then there is no floor. Anyone with any news/leaks/ideas on when Pure Energy news will be forthcoming? Anyone believe that the fuel will actually be sold by January, 1998? It seems to me that yesterday's statement will have to do for a while; I'd be surprised to hear anything more in the next month.

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