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Non-Tech : LL Knickerbocker(KNIC)/Pure Energy Corp
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To: brian hassine who wrote (534)7/1/1997 1:01:00 PM
From: Tony Harper   of 1028
 
Hi Brian, you asked for a discussion about where KNIC is headed. Only a few people can answer that question and I don't think they post on this thread. If you want to look at where KNIC has been then the record is clear. Just pull up a long term (year or more) chart and you can see KNIC is on a downhill skid. You ask why! You see everything on QVC selling like no tomorrow but KNIC just keeps on loosing money. Why you ask? They spend/waste more than they earn. They live above thier means. Will these 'INVESTMENTS' (Pure Energy,etc) ever payoff? Nobody knows, but one thing is for sure, they have cost the company (stockholder's that is ) a bundle. Most of the people sucked in as I have been are now standing on the side lines to see if KNIC will change his ways. Only after proof will many put money back in this sucker. Look at the daily volume nobody is buying this sucker the MMs are trading among themselves. Most others have learned. You will too given time. Don't get me wrong , if KNIC stuck to what they do best I and others would be in but we have had too many broken promises on PEC and other things to be taken in again.
I don't mean to be so negative and I'm not long or short this stock I tell you this because you asked. It's only my opinion, I could be wrong. I wish you and everyone else good luck. Tony
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