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

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To: Stephen Goldfarb who wrote (164)8/7/1998 6:05:00 PM
From: Baldur Fjvlnisson  Read Replies (1) of 1640
 
I couldn't resist the temptation any longer and bought xx,xxx shares today. Although I have some doubts about the company I have to assume they are putting the debenture money to good use. At this price I figure the chances are better of a sizeable profit than a relatively small loss.
Many very promising pennies have been beaten down lately, I don't know what's going on, perhaps the BB market is just one big charade.

Many happy returns,

Baldur F.

P.S. I was saddened to hear about the embassy bombings, such barbarism is impossible to comprehend.
Things are always very peaceful at the American embassy here in Reykjavik, which is located in a quiet residential area. I think the last demonstration to speak of was in 1971, during the Vietnam war.
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