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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: c. w. oakes who wrote (427)12/31/1997 8:05:00 PM
From: Ron Reynolds  Read Replies (1) of 581
 
C.W.,

*Only* a maximum 100% return, eh? You certainly set your
sights high! I used to froth over the prospects of ten-
baggers and astronomical parlay-plays myself. And hope
springs eternal... But I've learned to pursue more modest
goals.

As for my own history with KLOC, I bought during this past
September at 3-9/32 and sold at 4-3/4. That's the good news.
The bad news is that I reinvested at 3-3/8 and I'm feeling
antsy.

If you've read my posts carefully, you'll know that I, like
you, have never expressed any degree of confidence in the
management of the company. But somebody's been scooping
up shares the last couple of days...and it seems to me that
any greater short term decline in share-price pursuant to
recent earnings has already been discounted. If this baby
ever hits $4 again, I'm out. You'll get no argument from
me that the stock could just as easily tank as achieve my
target.

Happy New Year and.....go Bruins!

Ron
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