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Microcap & Penny Stocks : Kaneb(KAB)

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To: Bobby Yellin who wrote ()12/16/1997 9:07:00 AM
From: Bob Davis  Read Replies (1) of 91
 
The most recent "Update" issue of The Napeague Letter highlighted several stocks that it follows which currently appear to be strong and immediate investment opportunities:

Kaneb Services (NYSE:KAB): just reported another earnings surprise - $.09 per share versus $.06 last year, and versus market expectations that were a penny or two lower. Unfortunately, it reported this surprise just as the overall market turned downward, and so this accomplishment was ignored. An updated Analysis of KAB was published on November 30th on the Napeague web site.

Kaneb Services provides specialized industrial services to a wide range
of industries, including petroleum refineries, chemical plants, offshore
energy production platforms, steel mills, power generation and other
process industries in more than 20 countries, and also manages and
operates a network of petroleum pipelines and terminals, making it the
third largest independent liquids terminaling operation in the
United States.

A recently updated in-depth Analysis of KAB can be found on the
Napeague Web Site at napeague.com. I encourage you to
read the entire Analysis as well as the Company's investor relations
information and its reports to the Securities & Exchange Commission
prior to making any decision to invest in this or any other Company.

NOTICE
This analysis is based on publicly-available information, and is in no
way warranted by me as to accuracy or completeness. I do not
guarantee to advise you as to any change in this information. I
currently am a stockholder in this Company and may from time to
time purchase or sell this Company's securities. I otherwise have no
affiliation with this Company, and I am not compensated by it in any
way whatsoever.
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