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Microcap & Penny Stocks : KLOC: wishing on a star
KLOC 0.00Oct 4 5:00 PM EST

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To: Khris Vogel who wrote (293)1/2/1997 9:11:00 AM
From: jonggua   of 581
 
Why all the praise? 80M in revenues and 1% profit of $730K. Let's all hear a Bronx cheer....

Kushner and Locke made between them more than the profit for the whole year, and this was a good year! The only reason I haven't chucked my shares down the drain is the loss is so great I may as well wait for other suckers to hopefully bring my losses under the 50% mark. Then I had the fortune to read IR saying "they're talking to legal counsel about replying to the Forbes article." Yeah, at $450 an hour, they can further drain cash that rightly belongs to shareholder profitability so they can refute with lawyers what their very own quarterly losses have been proving! Rarely have I seen management so disdainful of stockholders. These guys should be in Germany where no shareholders care anyway! There at least its acceptable for a company to be run with total disregard for shareholders! Count this company a loser, because its in a losing industry overcrowded with competition and run by greedy management and a nonexistent IR.
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