Kaneb(KAB) Message Board

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Microcap & Penny Stocks : Kaneb(KAB)

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To: Robert T. Quasius who wrote (55)	3/30/1998 9:32:00 AM
From: Bob Davis	Read Replies (1) of 91

An "Overview Issue" of The Napeague Letter was e-mailed to each subscriber last night. These "Overview Issues" summarize the current status of each stock followed by TNL. This issue included the following comments about Kaneb Services (NYSE:KAB): I have just received Kaneb Services 10-K Report for 1997, and should have an updated Analysis completed within the next day or two. Technically, since December the stock has been moving upwards within a fairly well defined channel; when it moves above this channel, as it did briefly in mid-January, it quickly falls back again, and when it falls to the bottom of this channel, buying quickly emerges to move it higher. If this pattern continues,and it definitely may not, I expect to see KAB trend to $6.00 or above by late April. Bob Davis The Napeague Letter napeague.com

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