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

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To: CoffeePot who wrote (972)6/12/1999 1:54:00 AM
From: Investor Clouseau  Read Replies (1) of 1028
 
The debentures have been converted to common. From the company's 5/17/99 10-Q for the same quarter; say's now 38 million shares O/S instead of 20 million per market guide 6/4/99. If the book value was $1.33 w/20 million O/S; it should now be approximately $.68 w/38 million O/S.

Also note the $9.5 million in revenue for the quarter.This of course still does not take into account the growth potential of the AOL deal. I was buying today.

*********************************************************************
<PERIOD-START> JAN-01-1999
<PERIOD-END> MAR-31-1999
<CASH> 485,000
<SECURITIES> 0
<RECEIVABLES> 8,261,000
<ALLOWANCES> 0
<INVENTORY> 11,666,000
<CURRENT-ASSETS> 25,349,000
<PP&E> 4,847,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 39,350,000
<CURRENT-LIABILITIES> 27,845,000
<BONDS> 0
<PREFERRED-MANDATORY> 0
<PREFERRED> 0
<COMMON> 38,513,000
<OTHER-SE> (29,354,000)
<TOTAL-LIABILITY-AND-EQUITY> 39,350,000
<SALES> 9,485,000
<TOTAL-REVENUES> 9,485,000
<CGS> 4,768,000
<TOTAL-COSTS> 4,768,000
<OTHER-EXPENSES> (118,000)
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 633,000
<INCOME-PRETAX> (2,256,000)
<INCOME-TAX> 21,000
<INCOME-CONTINUING> (2,277,000)
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,277,000)
<EPS-PRIMARY> (.09)
<EPS-DILUTED> (.09)


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