K2 Design, Inc. ready to break out?!! (KTWO) Message Board

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Microcap & Penny Stocks : K2 Design, Inc. ready to break out?!! (KTWO)

KTWO 27.50

0.0%

Nov 9 4:00 PM EST

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To: Spike who wrote (293)	8/6/1998 3:41:00 PM
From: burgerking	Read Replies (1) of 385

24/7 IPO ... Will it be delayed? There seems to be little news/discussion about 24/7 Media's IPO. CBS Marketwatch has them listed to price Monday 8/10. Anyone willing to guess wether the 24/7's IPO will be delayed with the market's recent "dip" ? In the 24/7 S-1/A, it's estimated that KTWO will get about 250K shares. If the IPO trades at levels well above it's IPO pricing, KTWO may make quite a bit of $$ here. IMHO, KTWO's a pretty good bargain right now. It's face value is roughly $6.5M ($3.5M cash and $3M IPO priced 24/7) with no debt. I believe there's only 3.6M shares outstanding, so if the company were sold for just it's holdings, it's worth nearly $2 per share! Personally, I'm willing to wait for this company to get recognized, or for it to earn it's value.

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