Pugs...... you have an affinity for liars it seems. Tom Clarksburg was one of the hypesters of RMIL too.... his predictions for KNIC and RMIL haven't been borne out but that isn't too suprising considering his fake credentials. If you are a follower of Tom's you may want to load some KNIC into your portfolio per his prediction:
To: +Daddy (119 ) From: +Tom R. Clarksburg Sunday, Jan 19 1997 6:28PM EST Reply # of 768
Dennis, the $760M figure I calculated in my post# 107 was KNIC's share of the $2B total market capitalization of Pure Energy corp, based on DLJ's 1-2B revenue projections. THATS NOT SALES--I MADE MYSELF AS CLEAR AS POSSIBLE. Therefore if you take 760M/15.1 = $50per KNIC share. In other words, Pure Energy, as an asset on KNIC's balance sheet will be worth $760M, therefore KNIC's overall valuation should be at least 50/share + core business value of perhaps 20-25/share + insta-heat's IPO value of ???(maybe 10-15/share) = 80-90/share for KNIC.
Now, this total value may not be reached until perhaps 1998, therefore, it pays to think long-term here.
Again, I like to caution that my above # are based on assumptions that the stock market may think too optimistic or too conservative, only time will tell. In the mean time, I stick to my previous statement that now is the time for massive accumulation of knic shares, its not the time to fiddle around with "ENTRY POINTS" of 1/8 or 1/4 or 1/2 higher or lower--its not time to use TA, its not time to fiddle around with "resistence points" ie. $8/share, its not time to do short term trading----- its time for massive accumulation!!!!
This is a company that will probably do over $1/share in EPS in 1997 therefore based on "CORE" business valuation, it should be at $25/share. Then PURE ENERGY is icing on the cake.
I will continue to accumulate massive amounts til $15/share, then sit back and enjoy myself, because the rise will be fun.
Welcome to KNIC everyone, NASDAQ's top % gainer for 1997. I predicted this in my first post on this thread. I will make another bold prediction now: Knic and Pure Energy stock will make more millionaires than Iomega, Netscape, Zitel and AOL combined--in a shorter period of time!!
I suggest you all Bookmark this post for easy reference at year's end.
Ciao TOM |