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

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To: JP390 who wrote (220)8/16/1998 7:43:00 PM
From: JLP  Read Replies (1) of 1640
 
I called KAKI directly. As far as I can tell its not a bad investment. The price should double to $.10 in a month or so. So it would not be a bad return. I certainly don't get anywhere near a 100%/month from the junk my soon to be former broker stuck me with. The biggest problem with all the OTC:BB companies is getting the basic information and information updates. If Klaire Holdings really has a current book value over a $1.00 their PR people should be fired... The price should rocket due to takeover attempts. Anytime I can spend a nickel for a dollar, count me in. I am waiting for the new SEC report before I commit. If they look good then I'll buy in.
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