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Microcap & Penny Stocks : K2 Design, Inc. ready to break out?!! (KTWO)
KTWO 27.500.0%Nov 9 4:00 PM EST

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To: Kat who wrote (292)7/29/1998 6:03:00 PM
From: Spike  Read Replies (2) of 385
 
What a beautiful picture, Merril Lynch is bringing 24/7 public. IMO 24/7 will go up and take KTWO with it, ML doesn't bring junk to the market. The only firm better is Goldman and if you look at DCLK you can see were it went (GS was the undrewriter for dclk). This is almost a slam dunk, ML will bring 24/7 public and support its price at the IPO to keep it from falling and if it shoots up they will sell in the market and make a nice profit as well as receiving the underwriters fee.

IMO this was a very smart move on KTWO's part. They sell Cliqnow, collect the cash and have a nice little option with their shares of 24/7. It gives a small company the ability to play with the big boys and ride on their coat tails and let them do all the work. This is looking better all the time.

Enjoy

--Spike
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