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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value
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To: Jim Wood 2 who wrote (653)11/7/1998 4:53:00 PM
From: paulbk  Read Replies (1) of 1640
 
Jim,

Thanks for your report. It sounds very encouraging. I was wondering,though that if they merge with NBTY,which already trades on the Nasdaq, would there be any need for the IPO? I wouldn't
think so but maybe I'm missing something. As KAHI holders our value is
in the percentage of Klaire Int. KAHI holds,right? so weather that is pegged
to an IPO price or the price of NBTY would seem immaterial as long as there is some way to quantify it. Did Bob say anything about this?
Thanks again, Paul
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