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: SunriseShines who wrote (143)	8/5/1998 1:22:00 PM
From: Stephen Goldfarb	Read Replies (1) of 1640

An item of potential interest in today's news is that General Nutrition Co. has announced lowering prices on vitamins and sports nutritional supplements. This company is a competitor of Kaire International. Some of the "commodity" supplements may be lowered in price as much as 40%. According to the news, distributors of nutritional supplements have come under increasing pressure from sales in discount and outlet stores. The price competition is in those supplements that are widely available. I do not know how this would effect Kaire International. It would depend on what proportion of their products are available from other manufacturers. Kaire International is also described as a turnaround situation. The last I heard it was expected to generate $35 million or so in revenue, and to be profitable. Steve

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