Kaire Holdings - $0.50 stock- $3 to $4 Book Value Message Board

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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value

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To: Capitalism who wrote (32)	5/2/1998 8:23:00 PM
From: Stephen Goldfarb	Read Replies (2) of 1640

The apparent problem is that the stock has a reported large indebtedness overhang. The company last reported a loss of .03 per share. Even with the substantial ramp up in projected revenue, earnings are expected by management to be even, or at a slight profit. This is still a turnaround situation. It appears that sufficient net earnings to drive the stock may be a year away. Therefore, current share price may correctly reflect this situation. This stock may be a good buy in anticipation of the results ahead, but with one's eyes open. Steve

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