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Microcap & Penny Stocks : KLOC: wishing on a star
KLOC 0.00Oct 4 5:00 PM EST

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To: Ron Reynolds who wrote (407)11/26/1997 9:08:00 PM
From: c. w. oakes   of 581
 
Ron Reynolds: So far this year KLOC has earned about .02 per share.
It's not the amount but it's relationship to increasing revenues and increasing projects. If their eps increased proportionatly(sp?) to their earnings and workload, shareholders wouldn't be in the mess their in. They are at about 21/32, pre split, big deal. Their product is good and they are expanding overseas at a fast rate, but no eps?
Strange that they keep hiring new management, all of which take excessive salaries. This is a management money churning machine, with little or no regard to shareholders. Companies like this give nasdaq a bad name. Shareholders need to wake up and put pressure on management to make changes to increase eps. Their last answer was a reverse split, a sure sign of a company in trouble. IMHO

Sincerely:
C. W. oakes
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